# AMERICAN CITY BANK

> **Failed bank** · LOS ANGLES, CA · failed 1983-02-25 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $25M

## What happened

AMERICAN CITY BANK of LOS ANGLES, CA was closed by regulators on **1983-02-25**. The FDIC was named receiver.

**Resolution:** Purchase & Assumption — acquiring bank assumed deposits + bought assets

Deposits were transferred to **CENTRAL BANK** (SAN FRANCISCO, CA). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 754
- **FDIC Certificate:** 19020
- **FDIC FIN:** 2336
- **Bank name:** AMERICAN CITY BANK
- **Location:** LOS ANGLES, CA
- **Failure date:** 1983-02-25
- **FDIC resolution date:** 1983-02-25
- **Charter type:** State commercial bank, non-Federal Reserve member (FDIC-supervised)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $25M
- **Deposits at failure:** $294M
- **Assets at failure:** $319M
- **Acquiring bank:** CENTRAL BANK (SAN FRANCISCO, CA)

## Other banks CENTRAL BANK has acquired in FDIC resolutions

- THE RIVERBANK (WYOMING, MN) — failed 2011-10-07 — /failed-bank/3965
- ROSEMOUNT NATIONAL BANK (ROSEMOUNT, MN) — failed 2011-04-15 — /failed-bank/3923
- COMMERCE BANK OF SOUTHWEST FLORIDA (FORT MYERS, FL) — failed 2009-11-20 — /failed-bank/3717
- RIVERVIEW COMMUNITY BANK (OSTEGO, MN) — failed 2009-10-23 — /failed-bank/3696
- JENNINGS STATE BANK (SPRING GROVE, MN) — failed 2009-10-02 — /failed-bank/3689
- MAINSTREET BANK (FOREST LAKE, MN) — failed 2009-08-28 — /failed-bank/3675
- NATIONAL INDUSTRIAL BANK OF CONNECTICUT (MERIDEN, CT) — failed 1989-11-09 — /failed-bank/2547
- DELTA PACIFIC BANK (PITTSBURG, CA) — failed 1987-10-30 — /failed-bank/1549

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=AMERICAN%20CITY%20BANK

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, AMERICAN CITY BANK (FDIC ID 754), failed 1983-02-25. Retrieved via AI Analytics 2026-05-16 from https://api.ai-analytics.org/failed-bank/754.

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