Bank failure · WA

Queen City S&la, Wa (Seattle, WA) — failed July 24, 1984

Queen City S&la, Wa of Seattle, Washington was closed on July 24, 1984 and resolved through a a/a. Gibralter Sb FSB (WA) took over its insured deposits. At failure it held $233.5M in assets and $130.9M in deposits. The FDIC's estimated loss on the failure is $4.2M (1.8% of assets).