# FRONTIER FS & LA

> **Failed bank** · WALLA WALLA, WA · failed 1990-02-23 · SL · FDIC cost $0M

## What happened

FRONTIER FS & LA of WALLA WALLA, WA was closed by state regulators 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
- **Estimated FDIC DIF cost:** $0M
- **Deposits at failure:** $120M
- **Assets at failure:** $147M
- **Acquiring bank:** WASHINGTON MUTUAL (SEATTLE, WA)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FRONTIER FS & LA (FDIC ID 2671), failed 1990-02-23. Retrieved via AI Analytics 2026-06-26 from https://api.ai-analytics.org/failed-bank/2671.

---

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