Bank failure · WA

Mid Valley Bank (Omak, WA) — failed August 30, 1986

Mid Valley Bank of Omak, Washington was closed on August 30, 1986 and resolved through a a/a. First Bank Washington (WA) took over its insured deposits. At failure it held $39.1M in assets and $39.1M in deposits. The FDIC's estimated loss on the failure is $221K (0.6% of assets).