Bank failure · CA

Beverly Hills S&la (Beverly Hills, CA) — failed April 23, 1985

Beverly Hills S&la of Beverly Hills, California was closed on April 23, 1985 and resolved through a a/a. Beverly Hills FSB (CA) took over its insured deposits. At failure it held $2.9B in assets and $2.4B in deposits. The FDIC's estimated loss on the failure is $1.4B (49.0% of assets).