Bank failure · CA
Enterprise S&la (Compton, CA) — failed May 31, 1991
Enterprise S&la of Compton, California was closed on May 31, 1991 and resolved through a purchase and assumption. Family Sb, FSB (CA) took over its insured deposits. At failure it held $13.5M in assets and $13.1M in deposits. The FDIC's estimated loss on the failure is $88K (0.7% of assets).
- Closing date
- May 31, 1991
- FDIC certificate #
- 31363
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Family Sb, FSB
- Insurance fund
- RTC
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