UNITED BANK OF OREGON Failed 1984
What happened
UNITED BANK OF OREGON of MILWAUKIE, OR was closed on 1984-03-02. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to UNITED STATES NB OF OREG (PORTLAND, OR). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 853
- FDIC Certificate
- 22784
- FDIC FIN
- 2376
- Bank name
- UNITED BANK OF OREGON
- Location
- MILWAUKIE, OR
- Failure date
- 1984-03-02
- FDIC resolution date
- 1984-03-02
- Charter type
- State commercial bank, non-Federal Reserve member (FDIC-supervised)
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $3M
- Deposits at failure
- $16M
- Assets at failure
- $17M
- Acquiring bank
- UNITED STATES NB OF OREG (PORTLAND, OR)
Other banks UNITED STATES NB OF OREG acquired in FDIC resolutions