The Graveyard › Banks › 1983
Valley First Fs&La
El Centro, CA · failed January 14, 1983 · FDIC certificate 31620
Valley First Fs&La of El Centro, CA failed on January 14, 1983. It opened on July 26, 1972, 10 years before. At its last report before that it held $37.1 million in assets and $33.7 million in deposits. The FDIC's list records a negative loss of $7.4 million: the FSLIC's fund got back more than it paid out.
Assets at the end$37.1 millionlast report before January 14, 1983
Deposits at the end$33.7 million
Estimated loss to the funda gain of $7.4 millionFSLIC
Also ended in 1983
- Dry Dock Savings Bank · New York · $2.5 billion in assets · assisted
- Suburban S&LA · Wayne · $2.0 billion in assets · assisted
- Biscayne Fs&La · Miami · $1.9 billion in assets · assisted
- The First National Bank of Midland · Midland, TX · $1.4 billion in assets
- United American Bank in Knoxville · Knoxville · $760.5 million in assets · assisted
- Carondelet S&LA Also Case 115 · St. Louis · $740.6 million in assets · assisted
History, not advice.
Source: Federal Deposit Insurance Corporation, BankFind Suite API. Source values and institutional identifiers are retained; formatting and normalization by Underfolio. No FDIC endorsement is implied. How these numbers are made · Report a data issue.