Bank failure · CA
North American Thrift and Loan (Corona Del Mar, CA) — failed May 29, 1992
North American Thrift and Loan of Corona Del Mar, California was closed on May 29, 1992 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $21.3M in assets and $20.9M in deposits. The FDIC's estimated loss on the failure is $4.5M (21.1% of assets).
- Closing date
- May 29, 1992
- FDIC certificate #
- 27570
- Resolution
- Payout (deposit payoff) (failure)
- Acquiring institution
- 0
- Insurance fund
- BIF
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