Bank failure · CA

Landmark Thrift and Loan Association (San Diego, CA) — failed July 12, 1991

Landmark Thrift and Loan Association of San Diego, California was closed on July 12, 1991 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $16.6M in assets and $15.8M in deposits. The FDIC's estimated loss on the failure is $2.2M (13.3% of assets).