Bank failure · CA

United States National Bank (San Diego, CA) — failed October 18, 1973

United States National Bank of San Diego, California was closed on October 18, 1973 and resolved through a p&a. 0 (0) took over its insured deposits. At failure it held $1.3B in assets and $932.0M in deposits.

Closing date: October 18, 1973
FDIC certificate #: 3506
Resolution: P&A (failure)
Acquiring institution: 0
Insurance fund: FDIC

Other failures in 1973

First National Bank of Eldora IA
The First State Bank TX
Elm Creek State Bank NE
Skyline National Bank CO
Delta Security Bank and Trust Company LA

What happens when a bank fails