Bank failure · CA
Twin Pines Fs&la (Berkeley, CA) — failed March 21, 1983
Twin Pines Fs&la of Berkeley, California was closed on March 21, 1983 and resolved through a a/a. Cal America S&la (CA) took over its insured deposits. At failure it held $45.9M in assets and $41.1M in deposits. The FDIC's estimated loss on the failure is $2.0M (4.4% of assets).
- Closing date
- March 21, 1983
- FDIC certificate #
- 31338
- Resolution
- A/A (assistance)
- Acquiring institution
- Cal America S&la
- Insurance fund
- FSLIC
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