AMERICAN INTERSTATE BANK Failed 1992
What happened
AMERICAN INTERSTATE BANK of NEWPORT BEACH, CA was closed on 1992-06-12. The FDIC was named receiver.
Resolution: Payout / Insured deposits — FDIC paid insured deposits directly to depositors
Deposits were transferred to MARINE NATIONAL BANK (IRVINE, CA). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 3340
- FDIC Certificate
- 21082
- FDIC FIN
- 4499
- Bank name
- AMERICAN INTERSTATE BANK
- Location
- NEWPORT BEACH, CA
- Failure date
- 1992-06-12
- FDIC resolution date
- 1992-06-12
- Charter type
- State commercial bank, non-Federal Reserve member (FDIC-supervised)
- Resolution type
- Payout / Insured deposits — FDIC paid insured deposits directly to depositors
- FDIC DIF cost (est.)
- $7M
- Deposits at failure
- $41M
- Assets at failure
- $42M
- Acquiring bank
- MARINE NATIONAL BANK (IRVINE, CA)