TWIN PINES FS&LA Failed 1983
What happened
TWIN PINES FS&LA of BERKELEY, CA was closed on 1983-03-21. The FDIC was named receiver.
Resolution: A/A
Deposits were transferred to CAL AMERICA S&LA (BERKELEY, CA). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 765
- FDIC Certificate
- 31338
- FDIC FIN
- 0
- Bank name
- TWIN PINES FS&LA
- Location
- BERKELEY, CA
- Failure date
- 1983-03-21
- FDIC resolution date
- 1983-03-21
- Charter type
- SL
- Resolution type
- A/A
- FDIC DIF cost (est.)
- $2M
- Deposits at failure
- $41M
- Assets at failure
- $46M
- Acquiring bank
- CAL AMERICA S&LA (BERKELEY, CA)