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Bank failure · CA

Consolidated Savings Bank (Irvine, CA) — failed May 22, 1986

Consolidated Savings Bank of Irvine, California was closed on May 22, 1986 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $84.4M in assets and $78.4M in deposits. The FDIC's estimated loss on the failure is $36.1M (42.8% of assets).

Closing date
May 22, 1986
FDIC certificate #
32199
Resolution
Payout (deposit payoff) (failure)
Acquiring institution
0
Insurance fund
FSLIC

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