Bank failure · OR

Western Heritage Fs&la (Pendleton, OR) — failed August 1, 1985

Western Heritage Fs&la of Pendleton, Oregon was closed on August 1, 1985 and resolved through a a/a. Benj Franklin Fs&la (OR) took over its insured deposits. At failure it held $175.1M in assets and $134.0M in deposits. The FDIC's estimated loss on the failure is $8.8M (5.0% of assets).