TellerScore

Bank failure · WA

Guaranty S&la (Longview, WA) — failed March 21, 1986

Guaranty S&la of Longview, Washington was closed on March 21, 1986 and resolved through a insured deposit transfer. 0 (0) took over its insured deposits. At failure it held $22.3M in assets and $13.9M in deposits. The FDIC's estimated loss on the failure is $3.4M (15.3% of assets).

Closing date
March 21, 1986
FDIC certificate #
30966
Resolution
Insured deposit transfer (failure)
Acquiring institution
0
Insurance fund
FSLIC

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What happens when a bank fails