CAPISTRANO NATIONAL BANK Failed 1985

SAN JUAN CAPISTRA, CA · National commercial bank (OCC-chartered) · view on FDIC BankFind ↗

What happened

CAPISTRANO NATIONAL BANK of SAN JUAN CAPISTRA, CA was closed on 1985-04-05. The FDIC was named receiver.

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

Deposits were transferred to FARMERS&MERCHANTS BK LON (LONG BEACH, CA). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
973
FDIC Certificate
22159
FDIC FIN
2453
Bank name
CAPISTRANO NATIONAL BANK
Location
SAN JUAN CAPISTRA, CA
Failure date
1985-04-05
FDIC resolution date
1985-04-05
Charter type
National commercial bank (OCC-chartered)
Resolution type
Purchase & Assumption — acquiring bank assumed deposits + bought assets
FDIC DIF cost (est.)
$6M
Deposits at failure
$57M
Assets at failure
$58M
Acquiring bank
FARMERS&MERCHANTS BK LON (LONG BEACH, CA)