# WESTERN S&LA

> **Failed bank** · SALT LAKE CITY, UT · failed 1987-03-24 · SL · FDIC cost $0M

## What happened

WESTERN S&LA of SALT LAKE CITY, UT was closed by state regulators 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
- **Estimated FDIC DIF cost:** $0M
- **Deposits at failure:** $361M
- **Assets at failure:** $393M
- **Acquiring bank:** CROSSLAND SAVINGS FSB (SALT LAKE CITY, UT)

## Other banks CROSSLAND SAVINGS FSB has acquired in FDIC resolutions

- RELIANCE FS&LA (RAHWAY, NJ) — failed 1988-11-02 — /failed-bank/1973

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, WESTERN S&LA (FDIC ID 1401), failed 1987-03-24. Retrieved via AI Analytics 2026-06-24 from https://api.ai-analytics.org/failed-bank/1401.

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*[FDIC failures dataset](/datasets/fdic-failures) · CC0 1.0*