FUTURE S&LA Failed 1987

ALBANY, OR · SL · view on FDIC BankFind ↗

What happened

FUTURE S&LA of ALBANY, OR was closed on 1987-04-10. The FDIC was named receiver.

Resolution: Insured Deposit Transfer — insured deposits transferred to another bank

Deposits were transferred to 0 (0, 0). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
1414
FDIC Certificate
32028
FDIC FIN
7554
Bank name
FUTURE S&LA
Location
ALBANY, OR
Failure date
1987-04-10
FDIC resolution date
1987-04-10
Charter type
SL
Resolution type
Insured Deposit Transfer — insured deposits transferred to another bank
FDIC DIF cost (est.)
$16M
Deposits at failure
$58M
Assets at failure
$58M
Acquiring bank
0 (0, 0)

Other banks 0 acquired in FDIC resolutions