DELTA FSB Failed 1991
What happened
DELTA FSB of WESTMINSTER, CA was closed on 1991-11-08. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to EAST-WEST FB, FSB (SAN MARINO, CA). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 3232
- FDIC Certificate
- 32143
- FDIC FIN
- 1256
- Bank name
- DELTA FSB
- Location
- WESTMINSTER, CA
- Failure date
- 1991-11-08
- FDIC resolution date
- 1994-03-25
- Charter type
- SL
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $12M
- Deposits at failure
- $29M
- Assets at failure
- $52M
- Acquiring bank
- EAST-WEST FB, FSB (SAN MARINO, CA)
Other banks EAST-WEST FB, FSB acquired in FDIC resolutions