Depositor Payoff Ruled For Wilshire Federal
- Share via
From a Times Staff Writer
The Federal Resolution Trust Corp. decided Friday to pay off customers with insured deposits at Wilshire Federal Savings after failing to find a buyer for the Los Angeles Thrift.
The thrift, seized by regulators in January, had nearly $79 million in deposits in 1,500 accounts.
More to Read
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.