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Data / Bank failures / 1982 / Fidelity Mutual Savings Bank

Fidelity Mutual Savings Bank, Spokane, WA: received FDIC assistance March 11, 1982

Fidelity Mutual Savings Bank in Spokane, Washington, received open bank assistance from the FDIC on March 11, 1982. It held $695.5 million in assets and $569 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $44.5 million (6.4% of its assets). By assets it was the 16th largest of 119 banks closed or assisted in 1982.

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The FDIC's record

Closed
March 11, 1982
Type
Open bank assistance
How it was resolved
Open bank assistance: the FDIC assisted the bank without closing it
Acquirer
First Interstate BK of Wa N, Seattle, WA
Total assets
$695,542,000
Total deposits
$568,965,000
Estimated cost to the FDIC
$44,473,680 (estimate as of July 31, 2026)
Charter
State nonmember bank (FDIC)
Insurance fund
FDIC
FDIC certificate
19776

The FDIC record

Other bank failures in Washington, 1980 to 1984

BankCityClosedAssetsDepositsEstimated costAcquirer
Queen City S&LA, Wa (assistance)SeattleJuly 24, 1984$233.5 million$130.9 million$4.2 millionGibralter SB FSB

All bank failures in 1982 · All bank failures in Washington · 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.