ENTERPRISE S&LA Failed 1991
What happened
ENTERPRISE S&LA of COMPTON, CA was closed on 1991-05-31. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to FAMILY SB, FSB (LOS ANGELES, CA). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 3119
- FDIC Certificate
- 31363
- FDIC FIN
- 1217
- Bank name
- ENTERPRISE S&LA
- Location
- COMPTON, CA
- Failure date
- 1991-05-31
- FDIC resolution date
- 1993-03-05
- Charter type
- SL
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $0M
- Deposits at failure
- $13M
- Assets at failure
- $14M
- Acquiring bank
- FAMILY SB, FSB (LOS ANGELES, CA)