Bank failure · CA

Western United National Bank (Los Angeles, CA) — failed September 24, 1993

Western United National Bank of Los Angeles, California was closed on September 24, 1993 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $23.7M in assets and $22.6M in deposits. The FDIC's estimated loss on the failure is $7.2M (30.5% of assets).