# LOS ANGELES THRIFT AND LOAN COMPANY

> **Failed bank** · LOS ANGELES, CA · failed 1995-03-31 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $6M

## What happened

LOS ANGELES THRIFT AND LOAN COMPANY of LOS ANGELES, CA was closed by regulators on **1995-03-31**. The FDIC was named receiver.

**Resolution:** Payout / Insured deposits — FDIC paid insured deposits directly to depositors

Deposits were transferred to **CALIFORNIA FEDERAL BANK, A** (LOS ANGELES, CA). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3500
- **FDIC Certificate:** 33190
- **FDIC FIN:** 4621
- **Bank name:** LOS ANGELES THRIFT AND LOAN COMPANY
- **Location:** LOS ANGELES, CA
- **Failure date:** 1995-03-31
- **FDIC resolution date:** 1995-03-31
- **Charter type:** State commercial bank, non-Federal Reserve member (FDIC-supervised)
- **Resolution type:** Payout / Insured deposits — FDIC paid insured deposits directly to depositors
- **Estimated FDIC DIF cost:** $6M
- **Deposits at failure:** $22M
- **Assets at failure:** $23M
- **Acquiring bank:** CALIFORNIA FEDERAL BANK, A (LOS ANGELES, CA)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=LOS%20ANGELES%20THRIFT%20AND%20LOAN%20COMPANY

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, LOS ANGELES THRIFT AND LOAN COMPANY (FDIC ID 3500), failed 1995-03-31. Retrieved via AI Analytics 2026-07-19 from https://api.ai-analytics.org/failed-bank/3500.

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