Downey Savings and Loan Association, F.A.

Status:Inactive as of 2008-11-21
 Absorption - Assisted
Successor Bank:U.S. Bank
Headquarters:Downey Savings and Loan Association, F.A.
3501 Jamboree Rd
Newport Beach, CA 92660
Established:1957-10-16
FDIC Insurance:1957-10-16
FDIC Cert:#30968
Charter Class:Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
Total Assets:$12,779,371,000
Total Deposits:$9,653,169,000

History

1990-01-01Acquired Butterfield Savings and Loan Association, FSA (32617) in SANTA ANA, CA as part of a government assisted transaction.
1995-03-01Changed name to Downey Savings and Loan Association, F.A.
2008-11-21Failed. Acquired with government financial assistance and subsequently operated as part of U.S. Bank National Association (6548)
2008-11-21Acquired PFF Bank & Trust (28344) in POMONA, CA as part of a government assisted transaction.
2009-04-24Acquired First Bank of Idaho, FSB (34396) in KETCHUM, ID as part of a government assisted transaction.
2009-10-30Acquired San Diego National Bank (23594) in SAN DIEGO, CA as part of a government assisted transaction.
2009-10-30Acquired Park National Bank (11677) in CHICAGO, IL as part of a government assisted transaction.
2009-10-30Acquired Pacific National Bank (30006) in SAN FRANCISCO, CA as part of a government assisted transaction.
2009-10-30Acquired North Houston Bank (18776) in HOUSTON, TX as part of a government assisted transaction.
2009-10-30Acquired Bank USA, National Association (32218) in PHOENIX, AZ as part of a government assisted transaction.
2009-10-30Acquired Community Bank of Lemont (35291) in LEMONT, IL as part of a government assisted transaction.
2009-10-30Acquired Citizens National Bank (25222) in TEAGUE, TX as part of a government assisted transaction.
2009-10-30Acquired Madisonville State Bank (33782) in MADISONVILLE, TX as part of a government assisted transaction.
2009-10-30Acquired California National Bank (34659) in LOS ANGELES, CA as part of a government assisted transaction.
2010-01-01Reorganized.
2011-01-28Acquired First Community Bank (12261) in TAOS, NM as part of a government assisted transaction.
2011-12-31Reorganized.
2012-01-27Acquired BankEast (19869) in KNOXVILLE, TN as part of a government assisted transaction.
2012-11-12Reorganized.
2013-05-13Acquired U.S. Bank National Association ND (34590) in FARGO, ND

Financial Information (2008-09-30 and Older)