Great American Bank

Great American Bank, FSB
Formerly
  • San Diego Building and Loan Association (1885–1936)
  • San Diego Federal Savings and Loan Association (1936–1982)
  • Great American Federal Savings and Loan Association (1982–1984)
  • Great American First Savings Bank (1984–1987)
Company typePublic
IndustryThrift
FoundedJuly 11, 1885; 139 years ago (1885-07-11) in San Diego as San Diego Building and Loan Association
FoundersMoses Luce, George Hensley
DefunctAugust 10, 1991; 33 years ago (1991-08-10)
FateSeized by regulators when company became insolvent
Successors
Headquarters
San Diego, California
,
US
Number of locations
213 (at height in 1990)
Areas served
California, Arizona, Washington, Montana, Colorado
ProductsSavings accounts, home mortgages

Great American Bank was an American savings and loan association based in San Diego.[1] It was founded in 1885 as San Diego Building and Loan Association, the first savings and loan in Southern California.[2] Until the 1980s, it operated as San Diego Federal Savings and Loan Association. Federal regulators seized and disbanded the bank in 1991. Before the company was split apart, Great American had more than 200 offices operating in California, Arizona, Washington, Montana, and Colorado.[3]

  1. ^ Kraul, Chris (August 10, 1991). "Regulators Seize Ex-Powerhouse Great American". Los Angeles Times. Retrieved December 7, 2020.
  2. ^ "Great American bank 105 years old". Chula Vista Star-News. June 28, 1987. p. B-10. Retrieved December 7, 2020 – via Newspapers.com.
  3. ^ Salerno, Steve (December 8, 1991). "Bad Loans, Bad Blood : The Deadly Rivalry Between San Diego's HomeFed and Great American Savings Wasn't Just Business. For Their CEOs, It Was Personal". Los Angeles Times.