# FAMILY FEDERAL SAVINGS

> **Failed bank** · DALLAS, OR · failed 1990-01-11 · SL · FDIC cost $4M

## What happened

FAMILY FEDERAL SAVINGS of DALLAS, OR was closed by state regulators on **1990-01-11**. The FDIC was named receiver.

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

Deposits were transferred to **WASHINGTON FS&LA** (SEATTLE, WA). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2607
- **FDIC Certificate:** 28863
- **FDIC FIN:** 7097
- **Bank name:** FAMILY FEDERAL SAVINGS
- **Location:** DALLAS, OR
- **Failure date:** 1990-01-11
- **FDIC resolution date:** 1990-06-22
- **Charter type:** SL
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $4M
- **Deposits at failure:** $101M
- **Assets at failure:** $164M
- **Acquiring bank:** WASHINGTON FS&LA (SEATTLE, WA)

## Other banks WASHINGTON FS&LA has acquired in FDIC resolutions

- NORTHWEST FS&LA (BOISE, ID) — failed 1988-08-26 — /failed-bank/1888
- PROVIDENT FS&LA (BOISE, ID) — failed 1987-07-02 — /failed-bank/1466
- UNITED FIRST FS&LA (BOISE, ID) — failed 1987-07-02 — /failed-bank/1465
- STATE  FS&LA (CORVALLIS, OR) — failed 1985-12-06 — /failed-bank/1115

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FAMILY FEDERAL SAVINGS (FDIC ID 2607), failed 1990-01-11. Retrieved via AI Analytics 2026-07-06 from https://api.ai-analytics.org/failed-bank/2607.

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