Bank failure · CA
American Diversified Savings Bank (Costa Mesa, CA) — failed February 14, 1986
American Diversified Savings Bank of Costa Mesa, California was closed on February 14, 1986 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $978.6M in assets and $959.0M in deposits. The FDIC's estimated loss on the failure is $743.9M (76.0% of assets).
- Closing date
- February 14, 1986
- FDIC certificate #
- 32006
- Resolution
- Payout (deposit payoff) (failure)
- Acquiring institution
- 0
- Insurance fund
- FSLIC
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