Bank failure · DC

Capital City Fs&la (Washington, DC) — failed May 2, 1985

Capital City Fs&la of Washington, District of Columbia was closed on May 2, 1985 and resolved through a a/a. Northern Virginia S&la a Fa (VA) took over its insured deposits. At failure it held $361.2M in assets and $298.0M in deposits. The FDIC's estimated loss on the failure is $27.1M (7.5% of assets).