WESTERN S&LA Failed 1987
What happened
WESTERN S&LA of SALT LAKE CITY, UT was closed on 1987-03-24. The FDIC was named receiver.
Resolution: A/A
Deposits were transferred to CROSSLAND SAVINGS FSB (SALT LAKE CITY, UT). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 1401
- FDIC Certificate
- 30681
- FDIC FIN
- 1880
- Bank name
- WESTERN S&LA
- Location
- SALT LAKE CITY, UT
- Failure date
- 1987-03-24
- FDIC resolution date
- 1987-03-24
- Charter type
- SL
- Resolution type
- A/A
- FDIC DIF cost (est.)
- $0M
- Deposits at failure
- $361M
- Assets at failure
- $393M
- Acquiring bank
- CROSSLAND SAVINGS FSB (SALT LAKE CITY, UT)
Other banks CROSSLAND SAVINGS FSB acquired in FDIC resolutions