Data / Bank failures / 1985 / Lewis FS&LA
Lewis FS&LA, Chehalis, WA: received FDIC assistance November 1, 1985
Lewis FS&LA in Chehalis, Washington, received open bank assistance from the FDIC on November 1, 1985. It held $51.9 million in assets and $52.4 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $1.8 million (3.4% of its assets). By assets it was the 64th largest of 180 banks closed or assisted in 1985.
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The FDIC's record
- Closed
- November 1, 1985
- Type
- Open bank assistance
- How it was resolved
- Open bank assistance: the FDIC assisted the bank without closing it
- Acquirer
- Sterling Savings Assn, Spokane, WA
- Total assets
- $51,877,000
- Total deposits
- $52,397,000
- Estimated cost to the FDIC
- $1,763,000 (estimate as of July 31, 2026)
- Charter
- Savings and loan association
- Insurance fund
- FSLIC
- FDIC certificate
- 27972
Other bank failures in Washington, 1983 to 1987
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Home S&LA (assistance) | Seattle | March 13, 1987 | $150.6 million | $117.6 million | $25.9 million | Interwest Savings Bank |
| Mid Valley Bank (assistance) | Omak | August 30, 1986 | $39.1 million | $39.1 million | $220,917 | First Bank Washington |
| Guaranty S&LA | Longview | March 21, 1986 | $22.3 million | $13.9 million | $3.4 million | |
| Citizens FS&LA (assistance) | Seattle | December 1, 1985 | $461.4 million | $353.2 million | $18 million | Citizens FS&LA |
| Westside FS&LA | Seattle | August 30, 1985 | $378.4 million | $325.1 million | $100.8 million | Prudential Bank FSB |
| Queen City S&LA, Wa (assistance) | Seattle | July 24, 1984 | $233.5 million | $130.9 million | $4.2 million | Gibralter SB FSB |
All bank failures in 1985 · 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.