# HEARTLAND S & LA

> **Failed bank** · LA MESA, CA · failed 1991-09-06 · SL · FDIC cost $18M

## What happened

HEARTLAND S & LA of LA MESA, CA was closed by state regulators on **1991-09-06**. The FDIC was named receiver.

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

Deposits were transferred to **UNION BANK** (SAN FRANCISCO, CA). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3182
- **FDIC Certificate:** 32023
- **FDIC FIN:** 7433
- **Bank name:** HEARTLAND S & LA
- **Location:** LA MESA, CA
- **Failure date:** 1991-09-06
- **FDIC resolution date:** 1991-09-06
- **Charter type:** SL
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $18M
- **Deposits at failure:** $121M
- **Assets at failure:** $122M
- **Acquiring bank:** UNION BANK (SAN FRANCISCO, CA)

## Other banks UNION BANK has acquired in FDIC resolutions

- BANK OF NEWPORT (NEWPORT BEACH, CA) — failed 1994-08-12 — /failed-bank/3494

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=HEARTLAND%20S%20%26%20LA

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, HEARTLAND S & LA (FDIC ID 3182), failed 1991-09-06. Retrieved via AI Analytics 2026-05-17 from https://api.ai-analytics.org/failed-bank/3182.

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