Data / Bank failures / 1990 / Family Federal Savings
Family Federal Savings, Dallas, OR: failed January 11, 1990
Family Federal Savings in Dallas, Oregon, failed on January 11, 1990. Washington FS&LA of Seattle, WA, took over its deposits. It held $164.2 million in assets and $100.7 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $4.2 million (2.6% of its assets). By assets it was the 112th largest of 382 banks closed or assisted in 1990.
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The FDIC's record
- Closed
- January 11, 1990
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Acquirer
- Washington FS&LA, Seattle, WA
- Total assets
- $164,183,000
- Total deposits
- $100,719,000
- Estimated cost to the FDIC
- $4,200,987 (estimate as of July 31, 2026)
- Charter
- Savings and loan association
- Insurance fund
- RTC
- FDIC certificate
- 28863
Other bank failures in Oregon, 1988 to 1992
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Far West FSB | Portland | May 23, 1991 | $2.07 billion | $1.29 billion | $313.6 million | |
| The Ben Franklin FS & La | Portland | February 21, 1990 | $4.62 billion | $3.22 billion | $132,513 | Bank of America, FSB |
| Jackson County Fsa (assistance) | Medford | December 30, 1988 | $266.1 million | $275 million | $72.4 million | Jackson County FS&LA |
| American Home Savings (assistance) | Salem | December 15, 1988 | $403 million | $382.7 million | $145.3 million | American Home Savings A FSB |
| Peoples S&LA | La Grande | September 23, 1988 | $22.5 million | $19.8 million | $19.3 million |
Other failed banks Washington FS&LA took over
| Bank | City | State | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|---|
| Northwest FS&LA (assistance) | Boise | ID | August 26, 1988 | $26.7 million | $25.1 million | $2.5 million | Washington FS&LA |
| Provident FS&LA (assistance) | Boise | ID | July 2, 1987 | $222.3 million | $210.9 million | $54.6 million | Washington FS&LA |
| United First FS&LA (assistance) | Boise | ID | July 2, 1987 | $344.5 million | $299.6 million | $73.2 million | Washington FS&LA |
| State FS&LA | Corvallis | OR | December 6, 1985 | $563.9 million | $443.9 million | $249 million | Washington FS&LA |
All bank failures in 1990 · All bank failures in Oregon · Every failed bank Washington FS&LA took over · The full failed bank list
Read from the FDIC's failures data (BankFind), last updated 2026-10-23. Assets and deposits are as of the last report before failure; the estimated cost is the FDIC's latest estimate of the loss to its insurance fund and changes as the receivership winds down. Free to reuse with credit to SpecStream under CC BY 4.0.