FRONTIER FS & LA Failed 1990
What happened
FRONTIER FS & LA of WALLA WALLA, WA was closed on 1990-02-23. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to WASHINGTON MUTUAL (SEATTLE, WA). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 2671
- FDIC Certificate
- 28488
- FDIC FIN
- 7098
- Bank name
- FRONTIER FS & LA
- Location
- WALLA WALLA, WA
- Failure date
- 1990-02-23
- FDIC resolution date
- 1990-06-22
- Charter type
- SL
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $0M
- Deposits at failure
- $120M
- Assets at failure
- $147M
- Acquiring bank
- WASHINGTON MUTUAL (SEATTLE, WA)