# PACIFIC THRIFT AND LOAN CO

> **Failed bank** · WOODLAND HILLS, CA · failed 1999-11-22 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $42M

## What happened

PACIFIC THRIFT AND LOAN CO of WOODLAND HILLS, CA was closed by regulators on **1999-11-22**. The FDIC was named receiver.

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

Deposits were transferred to **AFFINITY BANK** (VENTURA, CA). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3522
- **FDIC Certificate:** 27415
- **FDIC FIN:** 4639
- **Bank name:** PACIFIC THRIFT AND LOAN CO
- **Location:** WOODLAND HILLS, CA
- **Failure date:** 1999-11-22
- **FDIC resolution date:** 1999-11-22
- **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:** $42M
- **Deposits at failure:** $119M
- **Assets at failure:** $127M
- **Acquiring bank:** AFFINITY BANK (VENTURA, CA)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, PACIFIC THRIFT AND LOAN CO (FDIC ID 3522), failed 1999-11-22. Retrieved via AI Analytics 2026-05-18 from https://api.ai-analytics.org/failed-bank/3522.

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