Bank failure · CA

Delta FSB (Westminster, CA) — failed November 8, 1991

Delta FSB of Westminster, California was closed on November 8, 1991 and resolved through a purchase and assumption. East-West Fb, FSB (CA) took over its insured deposits. At failure it held $52.4M in assets and $29.4M in deposits. The FDIC's estimated loss on the failure is $12.0M (22.8% of assets).