# THE BEN FRANKLIN FS & LA

> **Failed bank** · PORTLAND, OR · failed 1990-02-21 · SL · FDIC cost $0M

## What happened

THE BEN FRANKLIN FS & LA of PORTLAND, OR was closed by state regulators on **1990-02-21**. The FDIC was named receiver.

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

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


## Key facts

- **FDIC ID:** 2664
- **FDIC Certificate:** 28220
- **FDIC FIN:** 7166
- **Bank name:** THE BEN FRANKLIN FS & LA
- **Location:** PORTLAND, OR
- **Failure date:** 1990-02-21
- **FDIC resolution date:** 1990-09-07
- **Charter type:** SL
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $0M
- **Deposits at failure:** $3,222M
- **Assets at failure:** $4,617M
- **Acquiring bank:** BANK OF AMERICA, FSB (PORTLAND, OR)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=THE%20BEN%20FRANKLIN%20FS%20%26%20LA

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, THE BEN FRANKLIN FS & LA (FDIC ID 2664), failed 1990-02-21. Retrieved via AI Analytics 2026-07-07 from https://api.ai-analytics.org/failed-bank/2664.

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