Bank failure · OR
State Fs&la (Corvallis, OR) — failed December 6, 1985
State Fs&la of Corvallis, Oregon was closed on December 6, 1985 and resolved through a insured deposit transfer. Washington Fs&la (WA) took over its insured deposits. At failure it held $563.9M in assets and $443.9M in deposits. The FDIC's estimated loss on the failure is $249.0M (44.2% of assets).
- Closing date
- December 6, 1985
- FDIC certificate #
- 31354
- Resolution
- Insured deposit transfer (failure)
- Acquiring institution
- Washington Fs&la
- Insurance fund
- FSLIC
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- Home Savings Bank NY
- State S&la of Lubbock TX
- State Bank of Frost MN
- Brownfield S&la TX
- First City Bank CA
- Bank of Panama NE
- Farmers & Merchants Bank NE
- Princeton State Bank MO
- Farmers State Bank NE
- The Farmers State Bank of Barry County, Ex MO
- Lake National Bank MO
- The First National Bank in Lincoln County NM
- Guaranty S&la AR
- The Farmers and Merchants National Bank of OK
- Security State Bank NE
- Citizens S&la OR
- Home Fs&la KY
- Midland Fs&la MN
- Home Fs&la IA
- Citizens Fs&la WA
- Usm (U.S. Mutual) S&la MI
- Hi-Plains S&la TX
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