Data / Bank failures / Washington
Bank failures in Washington: 27 banks since 1940
27 banks in Washington failed between 1940 and 2015, holding $13.54 billion in assets and $11.79 billion in deposits. The FDIC estimates the cost to its insurance fund at $1.87 billion. The FDIC also assisted 11 open banks without closing them. The largest: Frontier Bank ($3.25 billion), Gibraltar Savings Bank, FSB ($1.68 billion), Horizon Bank ($1.19 billion). By decade: 1940s 1, 1980s 15, 1990s 3, 2000s 3, 2010s 16.
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| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Hometown National Bank | Longview | October 2, 2015 | $3.8 million | $3.7 million | $994,671 | Twin City Bank |
| Westside Community Bank | University Place | January 11, 2013 | $91.9 million | $91.9 million | $22.9 million | Sunwest Bank |
| Bank of Whitman | Colfax | August 5, 2011 | $548.6 million | $515.7 million | $100.9 million | Columbia State Bank |
| First Heritage Bank | Snohomish | May 27, 2011 | $173.5 million | $163.3 million | $33.6 million | Columbia State Bank |
| Summit Bank | Burlington | May 20, 2011 | $142.7 million | $131.6 million | $24.2 million | Columbia State Bank |
| Pierce Commercial Bank | Tacoma | November 5, 2010 | $221.1 million | $193.5 million | $26.8 million | Heritage Bank |
| Shoreline Bank | Shoreline | October 1, 2010 | $93 million | $90.6 million | $23.5 million | GBC International Bank |
| North County Bank | Arlington | September 24, 2010 | $288.8 million | $276.1 million | $70.8 million | Whidbey Island Bank |
| The Cowlitz Bank | Longview | July 30, 2010 | $489 million | $474.7 million | $31.3 million | Heritage Bank |
| Washington First International Bank | Seattle | June 11, 2010 | $520.9 million | $441.4 million | $95.2 million | East West Bank |
| Frontier Bank | Everett | April 30, 2010 | $3.25 billion | $2.85 billion | $453.9 million | Union Bank, National Association |
| City Bank | Lynnwood | April 16, 2010 | $981.9 million | $919.6 million | $155 million | Whidbey Island Bank |
| Rainier Pacific Bank | Tacoma | February 26, 2010 | $717.8 million | $446.2 million | $2.8 million | Umpqua Bank |
| American Marine Bank | Bainbridge Island | January 29, 2010 | $329.2 million | $287.4 million | $28.4 million | Columbia State Bank |
| Evergreen Bank | Seattle | January 22, 2010 | $396 million | $340.4 million | $43.4 million | Umpqua Bank |
| Horizon Bank | Bellingham | January 8, 2010 | $1.19 billion | $1.05 billion | $205.5 million | Washington Federal Savings and Loan Association |
| Venture Bank | Lacey | September 11, 2009 | $968.4 million | $917.7 million | $201.1 million | First-Citizens Bank & Trust Company |
| Westsound Bank | Bremerton | May 8, 2009 | $334.6 million | $304.5 million | $81 million | Kitsap Bank |
| Bank of Clark County | Vancouver | January 16, 2009 | $441.1 million | $377.5 million | $150.7 million | Umpqua Bank |
| Emerald City Bank | Seattle | July 2, 1993 | $7.8 million | $7.2 million | $1.1 million | Key Bank of Washington |
| Family S & La | Seattle | February 8, 1991 | $99.6 million | $60.5 million | $3.6 million | Puget Sound NB |
| Frontier FS & La | Walla Walla | February 23, 1990 | $146.9 million | $120 million | $9,856 | Washington Mutual |
| Gibraltar Savings Bank, FSB | Seattle | March 31, 1989 | $1.68 billion | $1.37 billion | $59,301 | |
| 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 |
| 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 |
| Lewis FS&LA (assistance) | Chehalis | November 1, 1985 | $51.9 million | $52.4 million | $1.8 million | Sterling Savings Assn |
| 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 |
| Fidelity Mutual Savings Bank (assistance) | Spokane | March 11, 1982 | $695.5 million | $569 million | $44.5 million | First Interstate BK of Wa N |
| The First National Bank of Wenatchee | Wenatchee | March 26, 1940 | $1.5 million |
Other states
- Alabama 39
- Alaska 13
- Arizona 44
- Arkansas 45
- California 265
- Colorado 103
- Connecticut 48
- Delaware 4
- District of Columbia 8
- Florida 199
- Georgia 135
- Guam 1
- Hawaii 6
- Idaho 8
- Illinois 229
- Indiana 52
- Iowa 83
- Kansas 124
- Kentucky 47
- Louisiana 167
- Maine 6
- Maryland 36
- Massachusetts 59
- Michigan 46
- Minnesota 81
- Mississippi 38
- Missouri 136
- Montana 19
- Nebraska 54
- Nevada 17
- New Hampshire 20
- New Jersey 112
- New Mexico 32
- New York 104
- North Carolina 30
- North Dakota 43
- Ohio 61
- Oklahoma 183
- Oregon 38
- Pennsylvania 73
- Puerto Rico 17
- Rhode Island 7
- South Carolina 23
- South Dakota 44
- Tennessee 80
- Texas 911
- U.S. Virgin Islands 1
- Utah 30
- Vermont 5
- Virginia 54
- West Virginia 19
- Wisconsin 51
- Wyoming 29
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.