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Record · Bank

FIRST SECURITY SB

FIRST SECURITY SB held $176.5 million in total assets at failure as of July 21, 1988, according to the FDIC.

FIRST SECURITY SB, of PLEASANT HILL, CA, was an FDIC-insured institution that received FDIC assistance on July 21, 1988, as the FDIC records it.

The failure

July 21, 1988
Assisted
$176.5 million
Assets at failure
$176,541,000
$133.1 million
Deposits at failure
$133,121,000
$44.6 million
Estimated cost to the insurance fund
$44,593,530
The FDIC's estimate as of July 31, 2026; it revises the estimate as it sells the bank's assets.
COLUMBUS SAVINGS, A FS&LA
Acquired by
WALNUT CREEK, CA

The FDIC’s entry

FDIC certificate number
31898
Resolution
ASSISTANCE
Transaction type
A/A
Charter class
SL
Insurance fund
FSLIC
Insured since
October 7, 1977
Established
October 7, 1977
Recorded in
The FDIC’s failures data

Sources

Compiled automatically from FDIC failures — every bank failure and assistance transaction since 1934 by a checked SQL query · Editor: Kian O'Connor · How this site is built

Data retrieved