REGENT THRIFT AND LOAN ASSOCIATION Failed 1993
What happened
REGENT THRIFT AND LOAN ASSOCIATION of SAN FRANCISCO, CA was closed on 1993-09-17. The FDIC was named receiver.
Resolution: Payout / Insured deposits — FDIC paid insured deposits directly to depositors
Deposits were transferred to METROPOLITAN BANK (OAKLAND, CA). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 3475
- FDIC Certificate
- 27174
- FDIC FIN
- 4597
- Bank name
- REGENT THRIFT AND LOAN ASSOCIATION
- Location
- SAN FRANCISCO, CA
- Failure date
- 1993-09-17
- FDIC resolution date
- 1993-09-17
- 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.)
- $1M
- Deposits at failure
- $7M
- Assets at failure
- $36M
- Acquiring bank
- METROPOLITAN BANK (OAKLAND, CA)
Other banks METROPOLITAN BANK acquired in FDIC resolutions