Bank failure · CA
Washington S & L Assoc. (Stockton, CA) — failed April 6, 1989
Washington S & L Assoc. of Stockton, California was closed on April 6, 1989 and resolved through a insured deposit transfer. Security Pacific Nb, NA (CA) took over its insured deposits. At failure it held $66.7M in assets and $68.7M in deposits. The FDIC's estimated loss on the failure is $6K (0.0% of assets).
- Closing date
- April 6, 1989
- FDIC certificate #
- 32087
- Resolution
- Insured deposit transfer (failure)
- Acquiring institution
- Security Pacific Nb, NA
- Insurance fund
- RTC
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