Bank failure · UT
Western S&la (Salt Lake City, UT) — failed March 24, 1987
Western S&la of Salt Lake City, Utah was closed on March 24, 1987 and resolved through a a/a. Crossland Savings FSB (UT) took over its insured deposits. At failure it held $392.7M in assets and $360.8M in deposits. The FDIC's estimated loss on the failure is $478K (0.1% of assets).
- Closing date
- March 24, 1987
- FDIC certificate #
- 30681
- Resolution
- A/A (assistance)
- Acquiring institution
- Crossland Savings FSB
- Insurance fund
- FSLIC
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