Bank failure · OR
Oregon Mutual Savings Bank (Portland, OR) — failed August 5, 1983
Oregon Mutual Savings Bank of Portland, Oregon was closed on August 5, 1983 and resolved through a a/a. Oregon Mutual Savings Bank (OR) took over its insured deposits. At failure it held $265.7M in assets and $251.3M in deposits. The FDIC's estimated loss on the failure is $11.9M (4.5% of assets).
- Closing date
- August 5, 1983
- FDIC certificate #
- 9572
- Resolution
- A/A (assistance)
- Acquiring institution
- Oregon Mutual Savings Bank
- Insurance fund
- FDIC
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