GUARDIAN FSA Failed 1991
What happened
GUARDIAN FSA of HUNTINGTON BEACH, CA was closed on 1991-06-21. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to HOME SAVINGS OF AMERICA, FS (IRWINDALE, CA). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 3132
- FDIC Certificate
- 32179
- FDIC FIN
- 1296
- Bank name
- GUARDIAN FSA
- Location
- HUNTINGTON BEACH, CA
- Failure date
- 1991-06-21
- FDIC resolution date
- 1994-07-29
- Charter type
- SL
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $150M
- Deposits at failure
- $654M
- Assets at failure
- $682M
- Acquiring bank
- HOME SAVINGS OF AMERICA, FS (IRWINDALE, CA)
Other banks HOME SAVINGS OF AMERICA, FS acquired in FDIC resolutions