Bank failure · ID

Northwest Fs&la (Boise, ID) — failed August 26, 1988

Northwest Fs&la of Boise, Idaho was closed on August 26, 1988 and resolved through a a/a. Washington Fs&la (WA) took over its insured deposits. At failure it held $26.7M in assets and $25.1M in deposits. The FDIC's estimated loss on the failure is $2.5M (9.2% of assets).