Bank failure · CA
Equitable S&la (Stanton, CA) — failed March 27, 1987
Equitable S&la of Stanton, California was closed on March 27, 1987 and resolved through a insured deposit transfer. 0 (0) took over its insured deposits. At failure it held $58.9M in assets and $83.7M in deposits. The FDIC's estimated loss on the failure is $29.2M (49.6% of assets).
- Closing date
- March 27, 1987
- FDIC certificate #
- 31880
- Resolution
- Insured deposit transfer (failure)
- Acquiring institution
- 0
- Insurance fund
- FSLIC
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