# WESTSIDE FS&LA

> **Failed bank** · SEATTLE, WA · failed 1985-08-30 · SL · FDIC cost $101M

## What happened

WESTSIDE FS&LA of SEATTLE, WA was closed by state regulators 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
- **Estimated FDIC DIF cost:** $101M
- **Deposits at failure:** $325M
- **Assets at failure:** $378M
- **Acquiring bank:** PRUDENTIAL BANK FSB (SEATTLE, WA)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=WESTSIDE%20FS%26LA

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, WESTSIDE FS&LA (FDIC ID 1061), failed 1985-08-30. Retrieved via AI Analytics 2026-07-11 from https://api.ai-analytics.org/failed-bank/1061.

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