Bank failure · CA
Signal S&la (Signal Hill, CA) — failed February 10, 1989
Signal S&la of Signal Hill, California was closed on February 10, 1989 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $46.1M in assets and $52.9M in deposits. The FDIC's estimated loss on the failure is $2.9M (6.2% of assets).
- Closing date
- February 10, 1989
- FDIC certificate #
- 32159
- Resolution
- Payout (deposit payoff) (failure)
- Acquiring institution
- 0
- Insurance fund
- FSLIC
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