Bank failure · OR

United Bank of Oregon (Milwaukie, OR) — failed March 2, 1984

United Bank of Oregon of Milwaukie, Oregon was closed on March 2, 1984 and resolved through a purchase and assumption. United States Nb of Oreg (OR) took over its insured deposits. At failure it held $17.3M in assets and $16.1M in deposits. The FDIC's estimated loss on the failure is $3.1M (17.7% of assets).