Bank failure · UT
Williamsburg Fs & LA (Salt Lake City, UT) — failed January 26, 1990
Williamsburg Fs & LA of Salt Lake City, Utah was closed on January 26, 1990 and resolved through a purchase and assumption. Branch Sale (NA) took over its insured deposits. At failure it held $310.5M in assets and $257.7M in deposits. The FDIC's estimated loss on the failure is $31.1M (10.0% of assets).
- Closing date
- January 26, 1990
- FDIC certificate #
- 31710
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Branch Sale
- Insurance fund
- RTC
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