| Formerly |
|
|---|---|
| Company type | Public |
| Industry | Thrift |
| Founded | July 11, 1885 in San Diego as San Diego Building and Loan Association |
| Founders | Moses Luce, George Hensley |
| Defunct | August 10, 1991 |
| Fate | Seized 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 |
| Products | Savings 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]
- ^ Kraul, Chris (August 10, 1991). "Regulators Seize Ex-Powerhouse Great American". Los Angeles Times. Retrieved December 7, 2020.
- ^ "Great American bank 105 years old". Chula Vista Star-News. June 28, 1987. p. B-10. Retrieved December 7, 2020 – via Newspapers.com.
- ^ 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.