LINCOLN S&LA Failed 1986
What happened
LINCOLN S&LA of PORTLAND, OR was closed on 1986-07-23. The FDIC was named receiver.
Resolution: A/A
Deposits were transferred to RAINIER BANK, NA (PORTLAND, OR). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 1236
- FDIC Certificate
- 31173
- FDIC FIN
- 1690
- Bank name
- LINCOLN S&LA
- Location
- PORTLAND, OR
- Failure date
- 1986-07-23
- FDIC resolution date
- 1986-07-23
- Charter type
- SL
- Resolution type
- A/A
- FDIC DIF cost (est.)
- $25M
- Deposits at failure
- $230M
- Assets at failure
- $262M
- Acquiring bank
- RAINIER BANK, NA (PORTLAND, OR)