AMADOR VALLEY S & L Failed 1993

PLEASANTON, CA · SL · view on FDIC BankFind ↗

What happened

AMADOR VALLEY S & L of PLEASANTON, CA was closed on 1993-09-10. The FDIC was named receiver.

Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets

Deposits were transferred to COMMUNITY FIRST NB (PLEASANTON, CA). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
3474
FDIC Certificate
32136
FDIC FIN
1234
Bank name
AMADOR VALLEY S & L
Location
PLEASANTON, CA
Failure date
1993-09-10
FDIC resolution date
1993-09-10
Charter type
SL
Resolution type
Purchase & Assumption — acquiring bank assumed deposits + bought assets
FDIC DIF cost (est.)
$3M
Deposits at failure
$41M
Assets at failure
$42M
Acquiring bank
COMMUNITY FIRST NB (PLEASANTON, CA)