Bank failure · OR
Lincoln S&la (Portland, OR) — failed July 23, 1986
Lincoln S&la of Portland, Oregon was closed on July 23, 1986 and resolved through a a/a. Rainier Bank, NA (OR) took over its insured deposits. At failure it held $261.7M in assets and $230.4M in deposits. The FDIC's estimated loss on the failure is $25.2M (9.6% of assets).
- Closing date
- July 23, 1986
- FDIC certificate #
- 31173
- Resolution
- A/A (assistance)
- Acquiring institution
- Rainier Bank, NA
- Insurance fund
- FSLIC
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