Bank failure · WA

Citizens Fs&la (Seattle, WA) — failed December 1, 1985

Citizens Fs&la of Seattle, Washington was closed on December 1, 1985 and resolved through a a/a. Citizens Fs&la (WA) took over its insured deposits. At failure it held $461.4M in assets and $353.2M in deposits. The FDIC's estimated loss on the failure is $18.0M (3.9% of assets).