Data / Bank failures / 1986 / Mid Valley Bank
Mid Valley Bank, Omak, WA: received FDIC assistance August 30, 1986
Mid Valley Bank in Omak, Washington, received open bank assistance from the FDIC on August 30, 1986. It held $39.1 million in assets and $39.1 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $220,917 (0.6% of its assets). By assets it was the 98th largest of 204 banks closed or assisted in 1986.
SpecStream is the live web data engine for teams and agents. It reads the FDIC failed bank data every morning, and this page is that reading. Ask for the banks you follow and each new closure arrives in your sheet, CRM, Slack or agent as the FDIC announces it.
The FDIC's record
- Closed
- August 30, 1986
- Type
- Open bank assistance
- How it was resolved
- Open bank assistance: the FDIC assisted the bank without closing it
- Acquirer
- First Bank Washington, Omak, WA
- Total assets
- $39,139,000
- Total deposits
- $39,085,000
- Estimated cost to the FDIC
- $220,917 (estimate as of July 31, 2026)
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- FDIC
- FDIC certificate
- 20178
Other bank failures in Washington, 1984 to 1988
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Community First Fed Savings (assistance) | Vancouver | December 15, 1988 | $386 million | $308.1 million | $73.3 million | American Home Savings A FSB |
| Eastern Washington S&LA (assistance) | Wenatchee | December 14, 1988 | $51.5 million | $32.3 million | $1.1 million | First W FS&LA of Wenatchee |
| First of Longview (assistance) | Longview | August 2, 1988 | $78.1 million | $76.3 million | $13.6 million | First FS&LA |
| Lynnwood S&LA (assistance) | Lynnwood | June 24, 1988 | $24.1 million | $24.9 million | $3.7 million | World S&LA America Fed S&L |
| The Liberty Bank of Seattle | Seattle | June 17, 1988 | $19.1 million | $20.6 million | $8.4 million | Emerald City Bank |
| Tri-Cities Savings and Loan (assistance) | Kennewick | April 11, 1988 | $53.1 million | $43.8 million | $14.2 million | Sterling Savings of Spokane |
| Home S&LA (assistance) | Seattle | March 13, 1987 | $150.6 million | $117.6 million | $25.9 million | Interwest Savings Bank |
| Guaranty S&LA | Longview | March 21, 1986 | $22.3 million | $13.9 million | $3.4 million |
All bank failures in 1986 · 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.