# ENCINO SAVINGS BANK, FSB

> **Failed bank** · ENCINO, CA · failed 1994-06-03 · Savings bank · FDIC cost $7M

## What happened

ENCINO SAVINGS BANK, FSB of ENCINO, CA was closed by state regulators on **1994-06-03**. The FDIC was named receiver.

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

Deposits were transferred to **AMERICAN SB, FA** (STOCKTON, CA). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3487
- **FDIC Certificate:** 31484
- **FDIC FIN:** 1284
- **Bank name:** ENCINO SAVINGS BANK, FSB
- **Location:** ENCINO, CA
- **Failure date:** 1994-06-03
- **FDIC resolution date:** 1994-06-03
- **Charter type:** Savings bank
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $7M
- **Deposits at failure:** $89M
- **Assets at failure:** $92M
- **Acquiring bank:** AMERICAN SB, FA (STOCKTON, CA)

## Other banks AMERICAN SB, FA has acquired in FDIC resolutions

- VALLEY FS & LA (VAN NUYS, CA) — failed 1992-04-10 — /failed-bank/3309
- HUNTINGTON FS & LA (HUNTINGTON BEACH, CA) — failed 1990-02-09 — /failed-bank/2651

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, ENCINO SAVINGS BANK, FSB (FDIC ID 3487), failed 1994-06-03. Retrieved via AI Analytics 2026-05-19 from https://api.ai-analytics.org/failed-bank/3487.

---

*[FDIC failures dataset](/datasets/fdic-failures) · CC0 1.0*