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Data / Bank failures / 1984 / Queen City S&LA, Wa

Queen City S&LA, Wa, Seattle, WA: received FDIC assistance July 24, 1984

Queen City S&LA, Wa in Seattle, Washington, received open bank assistance from the FDIC on July 24, 1984. It held $233.5 million in assets and $130.9 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $4.2 million (1.8% of its assets). By assets it was the 13th largest of 106 banks closed or assisted in 1984.

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The FDIC's record

Closed
July 24, 1984
Type
Open bank assistance
How it was resolved
Open bank assistance: the FDIC assisted the bank without closing it
Acquirer
Gibralter SB FSB, Seattle, WA
Total assets
$233,512,000
Total deposits
$130,867,000
Estimated cost to the FDIC
$4,226,000 (estimate as of July 31, 2026)
Charter
Savings and loan association
Insurance fund
FSLIC
FDIC certificate
31392

The FDIC record

Other bank failures in Washington, 1982 to 1986

BankCityClosedAssetsDepositsEstimated costAcquirer
Mid Valley Bank (assistance)OmakAugust 30, 1986$39.1 million$39.1 million$220,917First Bank Washington
Guaranty S&LALongviewMarch 21, 1986$22.3 million$13.9 million$3.4 million
Citizens FS&LA (assistance)SeattleDecember 1, 1985$461.4 million$353.2 million$18 millionCitizens FS&LA
Lewis FS&LA (assistance)ChehalisNovember 1, 1985$51.9 million$52.4 million$1.8 millionSterling Savings Assn
Westside FS&LASeattleAugust 30, 1985$378.4 million$325.1 million$100.8 millionPrudential Bank FSB
Fidelity Mutual Savings Bank (assistance)SpokaneMarch 11, 1982$695.5 million$569 million$44.5 millionFirst Interstate BK of Wa N

All bank failures in 1984 · 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.