LA JOLLA BANK, FSB Failed 2010
What happened
LA JOLLA BANK, FSB of LA JOLLA, CA was closed on 2010-02-19. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to ONEWEST BANK, FSB (PASADENA, CA). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 3752
- FDIC Certificate
- 32423
- FDIC FIN
- 10185
- Bank name
- LA JOLLA BANK, FSB
- Location
- LA JOLLA, CA
- Failure date
- 2010-02-19
- FDIC resolution date
- 2010-02-19
- Charter type
- Savings bank
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $560M
- Deposits at failure
- $2,799M
- Assets at failure
- $3,646M
- Acquiring bank
- ONEWEST BANK, FSB (PASADENA, CA)
Other banks ONEWEST BANK, FSB acquired in FDIC resolutions