Data / Bank failures / 1982 / Montebello FS&LA
Montebello FS&LA, Montebello, CA: received FDIC assistance June 1, 1982
Montebello FS&LA in Montebello, California, received open bank assistance from the FDIC on June 1, 1982. It held $36.3 million in assets and $34.4 million in deposits at its last report. By assets it was the 72nd largest of 119 banks closed or assisted in 1982.
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The FDIC's record
- Closed
- June 1, 1982
- Type
- Open bank assistance
- How it was resolved
- Open bank assistance: the FDIC assisted the bank without closing it
- Acquirer
- San Marino SAVINGS&LOAN Ass, San Marino, CA
- Total assets
- $36,285,067
- Total deposits
- $34,378,309
- Charter
- Savings and loan association
- Insurance fund
- FSLIC
- FDIC certificate
- 31798
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 |
All bank failures in 1982 · 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.