# PACIFIC HERITAGE BANK

> **Failed bank** · TORRANCE, CA · failed 1995-07-28 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $19M

## What happened

PACIFIC HERITAGE BANK of TORRANCE, CA was closed by regulators on **1995-07-28**. 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:** 3504
- **FDIC Certificate:** 23319
- **FDIC FIN:** 4624
- **Bank name:** PACIFIC HERITAGE BANK
- **Location:** TORRANCE, CA
- **Failure date:** 1995-07-28
- **FDIC resolution date:** 1995-07-28
- **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:** $19M
- **Deposits at failure:** $146M
- **Assets at failure:** $148M
- **Acquiring bank:** CALIFORNIA FEDERAL BANK , A (LOS ANGELES, CA)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=PACIFIC%20HERITAGE%20BANK

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, PACIFIC HERITAGE BANK (FDIC ID 3504), failed 1995-07-28. Retrieved via AI Analytics 2026-06-26 from https://api.ai-analytics.org/failed-bank/3504.

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