# BEVERLY HILLS  S&LA

> **Failed bank** · BEVERLY HILLS, CA · failed 1985-04-23 · SL · FDIC cost $1,429M

## What happened

BEVERLY HILLS  S&LA of BEVERLY HILLS, CA was closed by state regulators on **1985-04-23**. The FDIC was named receiver.

**Resolution:** A/A

Deposits were transferred to **BEVERLY HILLS FSB** (BEVERLY HILLS, CA). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 980
- **FDIC Certificate:** 29769
- **FDIC FIN:** 1790
- **Bank name:** BEVERLY HILLS  S&LA
- **Location:** BEVERLY HILLS, CA
- **Failure date:** 1985-04-23
- **FDIC resolution date:** 1988-12-31
- **Charter type:** SL
- **Resolution type:** A/A
- **Estimated FDIC DIF cost:** $1,429M
- **Deposits at failure:** $2,445M
- **Assets at failure:** $2,918M
- **Acquiring bank:** BEVERLY HILLS FSB (BEVERLY HILLS, CA)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=BEVERLY%20HILLS%20%20S%26LA

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, BEVERLY HILLS  S&LA (FDIC ID 980), failed 1985-04-23. Retrieved via AI Analytics 2026-05-17 from https://api.ai-analytics.org/failed-bank/980.

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*[FDIC failures dataset](/datasets/fdic-failures) · CC0 1.0*
