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Data / Bank failures / 1986 / National Permanent Bank FSB

National Permanent Bank FSB, Washington, DC: received FDIC assistance August 1, 1986

National Permanent Bank FSB in Washington, District of Columbia, received open bank assistance from the FDIC on August 1, 1986. It held $1.03 billion in assets and $739 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $52.9 million (5.1% of its assets). By assets it was the 4th largest of 204 banks closed or assisted in 1986.

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The FDIC's record

Closed
August 1, 1986
Type
Open bank assistance
How it was resolved
Open bank assistance: the FDIC assisted the bank without closing it
Acquirer
National Permanent Bank FSB, Washington, DC
Total assets
$1,033,795,000
Total deposits
$738,982,000
Estimated cost to the FDIC
$52,892,000 (estimate as of July 31, 2026)
Charter
Savings bank
Insurance fund
FSLIC
FDIC certificate
27888

The FDIC record

Other bank failures in District of Columbia, 1984 to 1988

BankCityClosedAssetsDepositsEstimated costAcquirer
Capital City FS&LA (assistance)WashingtonMay 2, 1985$361.2 million$298 million$27.1 millionNorthern Virginia S&LA A FA

All bank failures in 1986 · All bank failures in District of Columbia · 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.