Bank failure · CA

Inglewood Fs&la (Inglewood, CA) — failed February 1, 1982

Inglewood Fs&la of Inglewood, California was closed on February 1, 1982 and resolved through a a/a. Great American FSB (CA) took over its insured deposits. At failure it held $7.7M in assets and $6.8M in deposits. The FDIC's estimated loss on the failure is $2.1M (27.1% of assets).