Bank failure · CA
Huntington Fs & LA (Huntington Beach, CA) — failed February 9, 1990
Huntington Fs & LA of Huntington Beach, California was closed on February 9, 1990 and resolved through a purchase and assumption. American Sb, Fa (CA) took over its insured deposits. At failure it held $120.4M in assets and $120.2M in deposits. The FDIC's estimated loss on the failure is $13.3M (11.1% of assets).
- Closing date
- February 9, 1990
- FDIC certificate #
- 32094
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- American Sb, Fa
- Insurance fund
- RTC
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