# SANTA PAULA S & LA

> **Failed bank** · SANTA PAULA, CA · failed 1991-09-27 · SL · FDIC cost $7M

## What happened

SANTA PAULA S & LA of SANTA PAULA, CA was closed by state regulators on **1991-09-27**. The FDIC was named receiver.

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

Deposits were transferred to **BANK OF LEVY** (VENTURA, CA). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3195
- **FDIC Certificate:** 27867
- **FDIC FIN:** 2125
- **Bank name:** SANTA PAULA S & LA
- **Location:** SANTA PAULA, CA
- **Failure date:** 1991-09-27
- **FDIC resolution date:** 1991-09-27
- **Charter type:** SL
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $7M
- **Deposits at failure:** $243M
- **Assets at failure:** $281M
- **Acquiring bank:** BANK OF LEVY (VENTURA, CA)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, SANTA PAULA S & LA (FDIC ID 3195), failed 1991-09-27. Retrieved via AI Analytics 2026-06-25 from https://api.ai-analytics.org/failed-bank/3195.

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