La Jolla Bank
La Jolla Bank is a mid-sized bank headquartered in La Jolla, CA. La Jolla Bank is a failed bank. La Jolla Bank has deposits of $2.5 billion, and was established in December 1985.
Products offered by the bank include: Personal CD, Internet Savings, Kid's Club, Classic Checking and Premiere Checking.
Current La Jolla Bank Rates
| Name | Term | APY | Min Deposit | |
| Personal CD | 6 months | 1.15 % | $10,000 | |
| 1 year | 1.30 % | $10,000 | ||
| 2 years | 1.75 % | $10,000 | ||
| 3 years | 2.10 % | $10,000 | ||
| 5 years | 2.80 % | $10,000 |
About La Jolla Bank
On Friday, February 19, 2010, La Jolla Bank, FSB, La Jolla, CA was closed by the Office of Thrift Supervision, and the Federal Deposit Insurance Corporation (FDIC) was named Receiver. No advance notice is given to the public when a financial institution is closed.
All deposit accounts have been transferred to OneWest Bank, FSB, Pasadena, CA ("assuming institution") and will be available immediately. The former La Jolla Bank, FSB locations will reopen as branches of OneWest Bank, FSB during regular business hours at the former La Jolla Bank, FSB branches.
Your transferred deposits will be separately insured from any accounts you may already have at OneWest Bank, FSB for six months after the failure of La Jolla Bank, FSB. Checks that were drawn on La Jolla Bank, FSB that did not clear before the institution closed will be honored as long as there are sufficient funds in the account. For more information on deposit insurance, you may speak to an FDIC representative by calling 1-800-894-2927 or visit EDIE, the FDIC's Electronic Deposit Insurance Estimator.
You may withdraw your funds from any transferred account without an early withdrawal penalty until you enter into a new deposit agreement with OneWest Bank, FSB as long as the deposits are not pledged as collateral for loans. You may view more information about OneWest Bank, FSB by visiting their web site.
La Jolla Bank is a federally-chartered savings bank, with full service offices located in California and Texas, with loan production offices in California, Arizona and New York. Founded in 1985, our headquarters is in Rancho Santa Fe, California. We operate 10 branch offices plus additional loan offices for your convenience. We are an equal opportunity lender.
