Bank failure · DC

National Permanent Bank FSB (Washington, DC) — failed August 1, 1986

National Permanent Bank FSB of Washington, District of Columbia was closed on August 1, 1986 and resolved through a a/a. National Permanent Bank FSB (DC) took over its insured deposits. At failure it held $1.0B in assets and $739.0M in deposits. The FDIC's estimated loss on the failure is $52.9M (5.1% of assets).