# LEWIS AND CLARK STATE BANK

> **Failed bank** · LAKE OSWEGO, OR · failed 1987-12-11 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $2M

## What happened

LEWIS AND CLARK STATE BANK of LAKE OSWEGO, OR was closed by regulators on **1987-12-11**. The FDIC was named receiver.

**Resolution:** Purchase & Assumption — acquiring bank assumed deposits + bought assets

Deposits were transferred to **KEY BANK OF OREGON** (PORTLAND, OR). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 1578
- **FDIC Certificate:** 22326
- **FDIC FIN:** 2765
- **Bank name:** LEWIS AND CLARK STATE BANK
- **Location:** LAKE OSWEGO, OR
- **Failure date:** 1987-12-11
- **FDIC resolution date:** 1987-12-11
- **Charter type:** State commercial bank, non-Federal Reserve member (FDIC-supervised)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $2M
- **Deposits at failure:** $20M
- **Assets at failure:** $20M
- **Acquiring bank:** KEY BANK OF OREGON (PORTLAND, OR)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=LEWIS%20AND%20CLARK%20STATE%20BANK

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, LEWIS AND CLARK STATE BANK (FDIC ID 1578), failed 1987-12-11. Retrieved via AI Analytics 2026-07-19 from https://api.ai-analytics.org/failed-bank/1578.

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