Data / Bank failures / 1987 / Provident FS&LA
Provident FS&LA, Boise, ID: received FDIC assistance July 2, 1987
Provident FS&LA in Boise, Idaho, received open bank assistance from the FDIC on July 2, 1987. It held $222.3 million in assets and $210.9 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $54.6 million (24.6% of its assets). By assets it was the 21st largest of 262 banks closed or assisted in 1987.
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
- July 2, 1987
- Type
- Open bank assistance
- How it was resolved
- Open bank assistance: the FDIC assisted the bank without closing it
- Acquirer
- Washington FS&LA, Seattle, WA
- Total assets
- $222,304,000
- Total deposits
- $210,863,000
- Estimated cost to the FDIC
- $54,583,150 (estimate as of July 31, 2026)
- Charter
- Savings and loan association
- Insurance fund
- FSLIC
- FDIC certificate
- 29043
Other bank failures in Idaho, 1985 to 1989
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Northwest FS&LA (assistance) | Boise | August 26, 1988 | $26.7 million | $25.1 million | $2.5 million | Washington FS&LA |
| United First FS&LA (assistance) | Boise | July 2, 1987 | $344.5 million | $299.6 million | $73.2 million | Washington FS&LA |
| First Bank & Trust of Idaho | Malad City | May 9, 1986 | $55.9 million | $51.9 million | $17.2 million | Idaho First National Ban |
Other failed banks Washington FS&LA took over
| Bank | City | State | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|---|
| Family Federal Savings | Dallas | OR | January 11, 1990 | $164.2 million | $100.7 million | $4.2 million | Washington FS&LA |
| Northwest FS&LA (assistance) | Boise | ID | August 26, 1988 | $26.7 million | $25.1 million | $2.5 million | Washington FS&LA |
| United First FS&LA (assistance) | Boise | ID | July 2, 1987 | $344.5 million | $299.6 million | $73.2 million | Washington FS&LA |
| State FS&LA | Corvallis | OR | December 6, 1985 | $563.9 million | $443.9 million | $249 million | Washington FS&LA |
All bank failures in 1987 · All bank failures in Idaho · Every failed bank Washington FS&LA took over · 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.