GUARDIAN BANK Failed 1995

LOS ANGELES, CA · State commercial bank, Federal Reserve member · view on FDIC BankFind ↗

What happened

GUARDIAN BANK of LOS ANGELES, CA was closed on 1995-01-20. The FDIC was named receiver.

Resolution: Insured Deposit Transfer — insured deposits transferred to another bank

Deposits were transferred to IMPERIAL BANK (INGLEWOOD, CA). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
3498
FDIC Certificate
24754
FDIC FIN
4619
Bank name
GUARDIAN BANK
Location
LOS ANGELES, CA
Failure date
1995-01-20
FDIC resolution date
1995-01-20
Charter type
State commercial bank, Federal Reserve member
Resolution type
Insured Deposit Transfer — insured deposits transferred to another bank
FDIC DIF cost (est.)
$20M
Deposits at failure
$298M
Assets at failure
$317M
Acquiring bank
IMPERIAL BANK (INGLEWOOD, CA)