# EMERALD CITY BANK

> **Failed bank** · SEATTLE, WA · failed 1993-07-02 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $1M

## What happened

EMERALD CITY BANK of SEATTLE, WA was closed by regulators on **1993-07-02**. The FDIC was named receiver.

**Resolution:** Payout / Insured deposits — FDIC paid insured deposits directly to depositors

Deposits were transferred to **KEY BANK OF WASHINGTON** (TACOMA, WA). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3465
- **FDIC Certificate:** 27268
- **FDIC FIN:** 4587
- **Bank name:** EMERALD CITY BANK
- **Location:** SEATTLE, WA
- **Failure date:** 1993-07-02
- **FDIC resolution date:** 1993-07-02
- **Charter type:** State commercial bank, non-Federal Reserve member (FDIC-supervised)
- **Resolution type:** Payout / Insured deposits — FDIC paid insured deposits directly to depositors
- **Estimated FDIC DIF cost:** $1M
- **Deposits at failure:** $7M
- **Assets at failure:** $8M
- **Acquiring bank:** KEY BANK OF WASHINGTON (TACOMA, WA)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=EMERALD%20CITY%20BANK

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, EMERALD CITY BANK (FDIC ID 3465), failed 1993-07-02. Retrieved via AI Analytics 2026-05-18 from https://api.ai-analytics.org/failed-bank/3465.

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