Bank failure · CA
Arrowhead Pacific Federal Savings (San Bernardino, CA) — failed April 6, 1989
Arrowhead Pacific Federal Savings of San Bernardino, California was closed on April 6, 1989 and resolved through a payout (deposit payoff). Payout (NA) took over its insured deposits. At failure it held $60.2M in assets and $88.1M in deposits. The FDIC's estimated loss on the failure is $35.0M (58.1% of assets).
- Closing date
- April 6, 1989
- FDIC certificate #
- 32045
- Resolution
- Payout (deposit payoff) (failure)
- Acquiring institution
- Payout
- Insurance fund
- RTC
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