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Vista Federal Savings Association

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BUSINESS
February 9, 1993
The federal government has seized Vista Savings Bank in Canoga Park and appointed the Resolution Trust Corp. as receiver. The troubled savings and loan, which has been renamed Vista Federal Savings Assn., will be managed by an RTC-appointed agent while the RTC negotiates a permanent resolution for Vista. The RTC, established by Congress to manage and sell failed thrifts and protect depositors' funds, said Vista had $99.7 million in assets and about $95 million in liabilities, including $86.
ARTICLES BY DATE
BUSINESS
February 9, 1993
The federal government has seized Vista Savings Bank in Canoga Park and appointed the Resolution Trust Corp. as receiver. The troubled savings and loan, which has been renamed Vista Federal Savings Assn., will be managed by an RTC-appointed agent while the RTC negotiates a permanent resolution for Vista. The RTC, established by Congress to manage and sell failed thrifts and protect depositors' funds, said Vista had $99.7 million in assets and about $95 million in liabilities, including $86.
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