Bank failure · CA
Frontier National Bank (Vista, CA) — failed October 2, 1986
Frontier National Bank of Vista, California was closed on October 2, 1986 and resolved through a purchase and assumption. Rancho Vista National Ba (CA) took over its insured deposits. At failure it held $9.9M in assets and $10.6M in deposits. The FDIC's estimated loss on the failure is $1.7M (17.3% of assets).
- Closing date
- October 2, 1986
- FDIC certificate #
- 24270
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Rancho Vista National Ba
- Insurance fund
- FDIC
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