Bank failure · WA

Fidelity Mutual Savings Bank (Spokane, WA) — failed March 11, 1982

Fidelity Mutual Savings Bank of Spokane, Washington was closed on March 11, 1982 and resolved through a a/a. First Interstate Bk of Wa N (WA) took over its insured deposits. At failure it held $695.5M in assets and $569.0M in deposits. The FDIC's estimated loss on the failure is $44.5M (6.4% of assets).