# WILSHIRE CENTER BANK,

> **Failed bank** · LOS ANGELES, CA · failed 1993-05-06 · National commercial bank (OCC-chartered) · FDIC cost $6M

## What happened

WILSHIRE CENTER BANK, of LOS ANGELES, CA was closed by the OCC on **1993-05-06**. The FDIC was named receiver.

**Resolution:** Payout / Insured deposits — FDIC paid insured deposits directly to depositors

Deposits were transferred to **CALIFORNIA CENTER BANK** (LOS ANGELES, CA). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3453
- **FDIC Certificate:** 24653
- **FDIC FIN:** 4577
- **Bank name:** WILSHIRE CENTER BANK,
- **Location:** LOS ANGELES, CA
- **Failure date:** 1993-05-06
- **FDIC resolution date:** 1993-05-06
- **Charter type:** National commercial bank (OCC-chartered)
- **Resolution type:** Payout / Insured deposits — FDIC paid insured deposits directly to depositors
- **Estimated FDIC DIF cost:** $6M
- **Deposits at failure:** $9M
- **Assets at failure:** $10M
- **Acquiring bank:** CALIFORNIA CENTER BANK (LOS ANGELES, CA)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=WILSHIRE%20CENTER%20BANK%2C

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, WILSHIRE CENTER BANK, (FDIC ID 3453), failed 1993-05-06. Retrieved via AI Analytics 2026-05-17 from https://api.ai-analytics.org/failed-bank/3453.

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