Bank failure · CA
Unified Savings Fs & LA (Northridge, CA) — failed April 6, 1989
Unified Savings Fs & LA of Northridge, California was closed on April 6, 1989 and resolved through a payout (deposit payoff). Payout (NA) took over its insured deposits. At failure it held $35.1M in assets and $52.3M in deposits. The FDIC's estimated loss on the failure is $22.6M (64.5% of assets).
- Closing date
- April 6, 1989
- FDIC certificate #
- 32506
- Resolution
- Payout (deposit payoff) (failure)
- Acquiring institution
- Payout
- Insurance fund
- RTC
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