Data / Bank failures / 1988 / Jackson County Fsa
Jackson County Fsa, Medford, OR: received FDIC assistance December 30, 1988
Jackson County Fsa in Medford, Oregon, received open bank assistance from the FDIC on December 30, 1988. It held $266.1 million in assets and $275 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $72.4 million (27.2% of its assets). By assets it was the 78th largest of 470 banks closed or assisted in 1988.
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The FDIC's record
- Closed
- December 30, 1988
- Type
- Open bank assistance
- How it was resolved
- Open bank assistance: the FDIC assisted the bank without closing it
- Acquirer
- Jackson County FS&LA, Medford, OR
- Total assets
- $266,123,000
- Total deposits
- $274,978,000
- Estimated cost to the FDIC
- $72,446,000 (estimate as of July 31, 2026)
- Charter
- Savings and loan association
- Insurance fund
- FSLIC
- FDIC certificate
- 28323
Other bank failures in Oregon, 1986 to 1990
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| The Ben Franklin FS & La | Portland | February 21, 1990 | $4.62 billion | $3.22 billion | $132,513 | Bank of America, FSB |
| Family Federal Savings | Dallas | January 11, 1990 | $164.2 million | $100.7 million | $4.2 million | Washington 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 | |
| Lewis and Clark State Bank | Lake Oswego | December 11, 1987 | $20.3 million | $19.8 million | $2.5 million | Key Bank of Oregon |
| Future S&LA | Albany | April 10, 1987 | $57.6 million | $57.7 million | $15.8 million | |
| Umpqua S&LA | Roseburg | January 16, 1987 | $108.2 million | $88.5 million | $11.9 million | |
| Columbia Community Bank | Hermiston | October 3, 1986 | $5.3 million | $5 million | $1 million | Inland Empire Bank |
All bank failures in 1988 · All bank failures in Oregon · 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.