Los Angeles Federal Savings Bank

Status:Inactive as of 05/31/1986
 Merger - Without Assistance
Successor Bank:Great American Bank, a Federal Savings Bank
Headquarters:Los Angeles Federal Savings Bank
One Wilshire Boulevard
Los Angeles, CA 90017
Established:01/01/1920
FDIC Insurance:07/01/1936
FDIC Cert:#29686
Charter Class:Savings banks, state charter, supervised by the FDIC
Total Assets:$660,568,000
Total Deposits:$618,566,000

History

1920-01-01Institution established: Original name:Los Angeles Federal Savings Bank
1986-05-31Merged into and subsequently operated as part of Great American Federal Savings Bank (28041) in SAN DIEGO, CA
1986-10-15Changed organization type to STOCK SAVINGS & LOAN
1986-10-15Changed name to Great American First Savings Bank (28041)
1989-06-30Changed organization type to STOCK SAVINGS BANK
1990-06-27Changed name to Great American Bank, a Federal Savings Bank (28041)
1990-06-30Acquired Great American First Savings Bank, FSB (29890) in TUCSON, AZ
1991-08-09Placed into government conservatorship.
1991-10-25Institution established: Original name:Great American Federal Savings Association (33520)
1991-10-25Failed. Acquired with government financial assistance and subsequently operated as part of Great American Federal Savings Association (33520)
1994-05-13Government conservatorship or bridge bank resolved.
1994-05-13Ceased operations as a result of a government supervised payoff, liquidation, or closing. No active institution received any of its deposits.