SAN LUIS TRUST BANK, FSB Failed 2011
What happened
SAN LUIS TRUST BANK, FSB of SAN LUIS OBISPO, CA was closed on 2011-02-18. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to FIRST CALIFORNIA BANK (WESTLAKE VILLAGE, CA). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 3911
- FDIC Certificate
- 34783
- FDIC FIN
- 10346
- Bank name
- SAN LUIS TRUST BANK, FSB
- Location
- SAN LUIS OBISPO, CA
- Failure date
- 2011-02-18
- FDIC resolution date
- 2011-02-18
- Charter type
- Savings bank
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $73M
- Deposits at failure
- $272M
- Assets at failure
- $333M
- Acquiring bank
- FIRST CALIFORNIA BANK (WESTLAKE VILLAGE, CA)
Other banks FIRST CALIFORNIA BANK acquired in FDIC resolutions