Bank failure · CA
Investment Fs & LA (Chatsworth, CA) — failed January 11, 1990
Investment Fs & LA of Chatsworth, California was closed on January 11, 1990 and resolved through a purchase and assumption. Fidelity Fb, FSB (CA) took over its insured deposits. At failure it held $247.8M in assets and $241.5M in deposits. The FDIC's estimated loss on the failure is $43 (0.0% of assets).
- Closing date
- January 11, 1990
- FDIC certificate #
- 31944
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Fidelity Fb, FSB
- Insurance fund
- RTC
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