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Bank failure · WA

Westside Fs&la (Seattle, WA) — failed August 30, 1985

Westside Fs&la of Seattle, Washington was closed on August 30, 1985 and resolved through a abt. Prudential Bank FSB (WA) took over its insured deposits. At failure it held $378.4M in assets and $325.1M in deposits. The FDIC's estimated loss on the failure is $100.8M (26.7% of assets).

Closing date
August 30, 1985
FDIC certificate #
28124
Resolution
ABT (failure)
Acquiring institution
Prudential Bank FSB
Insurance fund
FSLIC

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