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Bank failure · CA

Seapointe S&la (Carlsbad, CA) — failed May 31, 1986

Seapointe S&la of Carlsbad, California was closed on May 31, 1986 and resolved through a insured deposit transfer. 0 (0) took over its insured deposits. At failure it held $17.3M in assets and $37.9M in deposits. The FDIC's estimated loss on the failure is $36.6M (210.8% of assets).

Closing date
May 31, 1986
FDIC certificate #
32314
Resolution
Insured deposit transfer (failure)
Acquiring institution
0
Insurance fund
FSLIC

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