# SAN LUIS TRUST BANK, FSB

> **Failed bank** · SAN LUIS OBISPO, CA · failed 2011-02-18 · Savings bank · FDIC cost $73M

## What happened

SAN LUIS TRUST BANK, FSB of SAN LUIS OBISPO, CA was closed by state regulators 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
- **Estimated FDIC DIF cost:** $73M
- **Deposits at failure:** $272M
- **Assets at failure:** $333M
- **Acquiring bank:** FIRST CALIFORNIA BANK (WESTLAKE VILLAGE, CA)

## Other banks FIRST CALIFORNIA BANK has acquired in FDIC resolutions

- WESTERN COMMERCIAL BANK (WOODLAND HILLS, CA) — failed 2010-11-05 — /failed-bank/3876
- 1ST CENTENNIAL BANK (REDLANDS, CA) — failed 2009-01-23 — /failed-bank/3596

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=SAN%20LUIS%20TRUST%20BANK%2C%20FSB

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, SAN LUIS TRUST BANK, FSB (FDIC ID 3911), failed 2011-02-18. Retrieved via AI Analytics 2026-05-17 from https://api.ai-analytics.org/failed-bank/3911.

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