Bank failure · OR
Coast Community Bank (Harbor, OR) — failed January 11, 1985
Coast Community Bank of Harbor, Oregon was closed on January 11, 1985 and resolved through a purchase and assumption. Security Bank of Coos Co (OR) took over its insured deposits. At failure it held $9.1M in assets and $8.5M in deposits. The FDIC's estimated loss on the failure is $1.4M (15.7% of assets).
- Closing date
- January 11, 1985
- FDIC certificate #
- 22757
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Security Bank of Coos Co
- Insurance fund
- FDIC
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