INDYMAC BANK F.S.B Failed 2008
What happened
INDYMAC BANK F.S.B of PASADENA, CA was closed on 2008-07-11. The FDIC was named receiver.
Resolution: Payout / Insured deposits — FDIC paid insured deposits directly to depositors
Deposits were transferred to ONEWEST BANK, FSB (PASADENA, CA). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 3560
- FDIC Certificate
- 29730
- FDIC FIN
- 10007
- Bank name
- INDYMAC BANK F.S.B
- Location
- PASADENA, CA
- Failure date
- 2008-07-11
- FDIC resolution date
- 2009-03-19
- Charter type
- SL
- Resolution type
- Payout / Insured deposits — FDIC paid insured deposits directly to depositors
- FDIC DIF cost (est.)
- $11,983M
- Deposits at failure
- $18,942M
- Assets at failure
- $30,699M
- Acquiring bank
- ONEWEST BANK, FSB (PASADENA, CA)
- FDIC comments
- The estimated payout cost at failure was $8,922,870 and the estimated resolution cost was $8,843,291
Other banks ONEWEST BANK, FSB acquired in FDIC resolutions