Bank failure · CA
Sun S&la (San Diego, CA) — failed July 18, 1986
Sun S&la of San Diego, California was closed on July 18, 1986 and resolved through a a/a. Flagship FSB (CA) took over its insured deposits. At failure it held $370.9M in assets and $334.4M in deposits. The FDIC's estimated loss on the failure is $39.8M (10.7% of assets).
- Closing date
- July 18, 1986
- FDIC certificate #
- 32044
- Resolution
- A/A (assistance)
- Acquiring institution
- Flagship FSB
- Insurance fund
- FSLIC
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