WESTSIDE FS&LA Failed 1985
What happened
WESTSIDE FS&LA of SEATTLE, WA was closed on 1985-08-30. The FDIC was named receiver.
Resolution: ABT
Deposits were transferred to PRUDENTIAL BANK FSB (SEATTLE, WA). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 1061
- FDIC Certificate
- 28124
- FDIC FIN
- 0
- Bank name
- WESTSIDE FS&LA
- Location
- SEATTLE, WA
- Failure date
- 1985-08-30
- FDIC resolution date
- 1986-05-09
- Charter type
- SL
- Resolution type
- ABT
- FDIC DIF cost (est.)
- $101M
- Deposits at failure
- $325M
- Assets at failure
- $378M
- Acquiring bank
- PRUDENTIAL BANK FSB (SEATTLE, WA)