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Data / Bank failures / 1986 / Gateway SB

Gateway SB, San Francisco, CA: failed April 14, 1986

Gateway SB in San Francisco, California, failed on April 14, 1986. It held $155.9 million in assets and $166.9 million in deposits at its last report. By assets it was the 35th largest of 204 banks closed or assisted in 1986.

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The FDIC's record

Closed
April 14, 1986
Type
Failure
Total assets
$155,852,000
Total deposits
$166,948,000
Charter
Savings and loan association
Insurance fund
FSLIC
FDIC certificate
32059

The FDIC record

Other bank failures in California, 1984 to 1988

BankCityClosedAssetsDepositsEstimated costAcquirer
Adobe Savings Bank (assistance)ConcordSeptember 30, 1988$48.1 million$43.4 million$3.8 millionTracy SAVINGS&LOAN Assn
American S&LA (assistance)StocktonSeptember 7, 1988$30.16 billion$15.41 billion$5.37 billionAmerican Savings Bank FA
Homestate S&LA (assistance)HaywardAugust 26, 1988$182.1 million$222.3 million$45.7 millionOld Stone Bank of Ca A FSB
Westlake Thrift & Loan AssociationWestlake VillageJuly 29, 1988$55.2 million$51.2 million$7.7 millionIndependence Bank
First Security SB (assistance)Pleasant HillJuly 21, 1988$176.5 million$133.1 million$44.6 millionColumbus Savings, A FS&LA
Stanford S&LA (assistance)Palo AltoJune 24, 1988$73.5 million$79.8 million$17.1 millionEureka FS&LA
Colonial Thrift & Loan AssociationCulver CityApril 15, 1988$26.8 million$24 million$4.6 millionSouthern Pacific TH&L As
Balboa National BankNational CityJanuary 14, 1988$29.3 million$29.4 million$6.4 million

All bank failures in 1986 · All bank failures in California · The full failed bank list

Read from the FDIC's failures data (BankFind), last updated 2026-10-23. Assets and deposits are as of the last report before failure; the estimated cost is the FDIC's latest estimate of the loss to its insurance fund and changes as the receivership winds down. Free to reuse with credit to SpecStream under CC BY 4.0.