# COMMUNITY FIRST FED SAVINGS

> **Failed bank** · VANCOUVER, WA · failed 1988-12-15 · SL · FDIC cost $73M

## What happened

COMMUNITY FIRST FED SAVINGS of VANCOUVER, WA was closed by state regulators on **1988-12-15**. The FDIC was named receiver.

**Resolution:** A/A

Deposits were transferred to **AMERICAN HOME SAVINGS A FSB** (SALEM, OR). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2009
- **FDIC Certificate:** 29097
- **FDIC FIN:** 1767
- **Bank name:** COMMUNITY FIRST FED SAVINGS
- **Location:** VANCOUVER, WA
- **Failure date:** 1988-12-15
- **FDIC resolution date:** 1988-12-15
- **Charter type:** SL
- **Resolution type:** A/A
- **Estimated FDIC DIF cost:** $73M
- **Deposits at failure:** $308M
- **Assets at failure:** $386M
- **Acquiring bank:** AMERICAN HOME SAVINGS A FSB (SALEM, OR)

## Other banks AMERICAN HOME SAVINGS A FSB has acquired in FDIC resolutions

- AMERICAN HOME SAVINGS (SALEM, OR) — failed 1988-12-15 — /failed-bank/2008

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=COMMUNITY%20FIRST%20FED%20SAVINGS

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, COMMUNITY FIRST FED SAVINGS (FDIC ID 2009), failed 1988-12-15. Retrieved via AI Analytics 2026-05-16 from https://api.ai-analytics.org/failed-bank/2009.

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