EASTWEST BANK, N.A. Failed 1992

What happened

EASTWEST BANK, N.A. of KIHEI, HI was closed on 1992-10-02. The FDIC was named receiver.

Resolution: Insured Deposit Transfer — insured deposits transferred to another bank

Deposits were transferred to FIRST HAWAIIAN BANK (HONOLULU, HI). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID

3379

FDIC Certificate

22850

FDIC FIN

4519

Bank name

EASTWEST BANK, N.A.

Location

KIHEI, HI

Failure date

1992-10-02

FDIC resolution date

1992-10-02

Charter type

National commercial bank (OCC-chartered)

Resolution type

Insured Deposit Transfer — insured deposits transferred to another bank

FDIC DIF cost (est.)

$1M

Deposits at failure

$3M

Assets at failure

$4M

Acquiring bank

FIRST HAWAIIAN BANK (HONOLULU, HI)