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Bank failure · ID

United First Fs&la (Boise, ID) — failed July 2, 1987

United First Fs&la of Boise, Idaho was closed on July 2, 1987 and resolved through a a/a. Washington Fs&la (WA) took over its insured deposits. At failure it held $344.5M in assets and $299.6M in deposits. The FDIC's estimated loss on the failure is $73.2M (21.3% of assets).

Closing date
July 2, 1987
FDIC certificate #
28327
Resolution
A/A (assistance)
Acquiring institution
Washington Fs&la
Insurance fund
FSLIC

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