GOLD RIVER SB Failed 1991
What happened
GOLD RIVER SB of FAIR OAKS, CA was closed on 1991-09-27. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to EL DORADO SB (PLACERVILLE, CA). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 3201
- FDIC Certificate
- 32400
- FDIC FIN
- 2118
- Bank name
- GOLD RIVER SB
- Location
- FAIR OAKS, 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
- FDIC DIF cost (est.)
- $2M
- Deposits at failure
- $22M
- Assets at failure
- $24M
- Acquiring bank
- EL DORADO SB (PLACERVILLE, CA)