# EXECUTIVE SB, FSB

> **Failed bank** · MARINA DEL REY, CA · failed 1991-04-26 · Savings bank · FDIC cost $6M

## What happened

EXECUTIVE SB, FSB of MARINA DEL REY, CA was closed by state regulators on **1991-04-26**. The FDIC was named receiver.

**Resolution:** Purchase & Assumption — acquiring bank assumed deposits + bought assets

Deposits were transferred to **CENTURY FS&LA** (PASADENA, CA). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3077
- **FDIC Certificate:** 32202
- **FDIC FIN:** 2167
- **Bank name:** EXECUTIVE SB, FSB
- **Location:** MARINA DEL REY, CA
- **Failure date:** 1991-04-26
- **FDIC resolution date:** 1992-02-28
- **Charter type:** Savings bank
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $6M
- **Deposits at failure:** $56M
- **Assets at failure:** $59M
- **Acquiring bank:** CENTURY FS&LA (PASADENA, CA)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=EXECUTIVE%20SB%2C%20FSB

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, EXECUTIVE SB, FSB (FDIC ID 3077), failed 1991-04-26. Retrieved via AI Analytics 2026-05-17 from https://api.ai-analytics.org/failed-bank/3077.

---

*[FDIC failures dataset](/datasets/fdic-failures) · CC0 1.0*