FIDELITY S&LA Failed 1982

SAN FRANCISCO, CA · SL · view on FDIC BankFind ↗

What happened

FIDELITY S&LA of SAN FRANCISCO, CA was closed on 1982-04-01. The FDIC was named receiver.

Resolution: A/A

Deposits were transferred to CITICORP SAVINGS, A FS&LA (SAN FRANCISCO, CA). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
655
FDIC Certificate
28251
FDIC FIN
1630
Bank name
FIDELITY S&LA
Location
SAN FRANCISCO, CA
Failure date
1982-04-01
FDIC resolution date
1982-08-16
Charter type
SL
Resolution type
A/A
FDIC DIF cost (est.)
$10M
Deposits at failure
$1,408M
Assets at failure
$2,909M
Acquiring bank
CITICORP SAVINGS, A FS&LA (SAN FRANCISCO, CA)