CENTURY THRIFT AND LOAN Failed 1993

LOS ANGELES, CA · State commercial bank, non-Federal Reserve member (FDIC-supervised) · view on FDIC BankFind ↗

What happened

CENTURY THRIFT AND LOAN of LOS ANGELES, CA was closed on 1993-11-05. The FDIC was named receiver.

Resolution: PO

Deposits were transferred to 0 (0, 0). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
3482
FDIC Certificate
26374
FDIC FIN
4603
Bank name
CENTURY THRIFT AND LOAN
Location
LOS ANGELES, CA
Failure date
1993-11-05
FDIC resolution date
1993-11-05
Charter type
State commercial bank, non-Federal Reserve member (FDIC-supervised)
Resolution type
PO
FDIC DIF cost (est.)
$10M
Deposits at failure
$24M
Assets at failure
$32M
Acquiring bank
0 (0, 0)

Other banks 0 acquired in FDIC resolutions