Data / Bank failures / 1982 / Inglewood FS&LA
Inglewood FS&LA, Inglewood, CA: received FDIC assistance February 1, 1982
Inglewood FS&LA in Inglewood, California, received open bank assistance from the FDIC on February 1, 1982. It held $7.7 million in assets and $6.8 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $2.1 million (27.1% of its assets). By assets it was the 113th largest of 119 banks closed or assisted in 1982.
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The FDIC's record
- Closed
- February 1, 1982
- Type
- Open bank assistance
- How it was resolved
- Open bank assistance: the FDIC assisted the bank without closing it
- Acquirer
- Great American FSB, San Diego, CA
- Total assets
- $7,666,818
- Total deposits
- $6,775,545
- Estimated cost to the FDIC
- $2,077,268 (estimate as of July 31, 2026)
- Charter
- Savings and loan association
- Insurance fund
- FSLIC
- FDIC certificate
- 31996
Other bank failures in California, 1980 to 1984
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| San Marino S&LA | San Marino | December 7, 1984 | $856.8 million | $212.2 million | $263.1 million | |
| Garden Grove Community Bank | Garden Grove | June 1, 1984 | $43.9 million | $41.1 million | $5.4 million | Capital Bank |
| Bank of Irvine | Irvine | May 18, 1984 | $31 million | $29.4 million | $2.3 million | Security Pacific State B |
| The Nat BK of Carmel | Carmel-By-The-Sea | May 8, 1984 | $76.2 million | $68.4 million | $6.6 million | County BANK&TRUST |
| West Coast Bank | Los Angeles | April 27, 1984 | $198.2 million | $190 million | $12.7 million | |
| Heritage Bank | Anaheim | March 16, 1984 | $186.1 million | $180.4 million | $5.2 million | |
| West Olympia Bank | Los Angeles | February 10, 1984 | $20.4 million | $19.9 million | $3 million | Wilshire State Bank |
| The Commercial BK of California | Los Angeles | May 27, 1983 | $32.4 million | $30.2 million | $172,087 | First Credit Bank |
Other failed banks Great American FSB took over
| Bank | City | State | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|---|
| Hacienda FS&LA (assistance) | Oxnard | CA | March 20, 1986 | $34.5 million | $15.5 million | $-185,228 | Great American FSB |
| First FS&LA of Redding (assistance) | Redding | CA | March 20, 1986 | $39.6 million | $41.2 million | $-223,445 | Great American FSB |
All bank failures in 1982 · All bank failures in California · Every failed bank Great American FSB took over · 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.