Bank failure · CA
Columbus S&la (San Rafael, CA) — failed April 14, 1986
Columbus S&la of San Rafael, California was closed on April 14, 1986 and resolved through a a/a. Columbus Savings, a Fs&la (CA) took over its insured deposits. At failure it held $271.5M in assets and $295.0M in deposits. The FDIC's estimated loss on the failure is $117.4M (43.2% of assets).
- Closing date
- April 14, 1986
- FDIC certificate #
- 31943
- Resolution
- A/A (assistance)
- Acquiring institution
- Columbus Savings, a Fs&la
- Insurance fund
- FSLIC
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