Bank failure · CA
Manhattan Beach S&la (Manhattan Beach, CA) — failed January 9, 1986
Manhattan Beach S&la of Manhattan Beach, California was closed on January 9, 1986 and resolved through a insured deposit transfer. 0 (0) took over its insured deposits. At failure it held $51.1M in assets and $49.6M in deposits. The FDIC's estimated loss on the failure is $23.8M (46.6% of assets).
- Closing date
- January 9, 1986
- FDIC certificate #
- 32205
- Resolution
- Insured deposit transfer (failure)
- Acquiring institution
- 0
- Insurance fund
- FSLIC
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