Data / Bank failures / 1990 / Williamsburg FS & La
Williamsburg FS & La, Salt Lake City, UT: failed January 26, 1990
Williamsburg FS & La in Salt Lake City, Utah, failed on January 26, 1990. It held $310.5 million in assets and $257.7 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $31.1 million (10% of its assets). By assets it was the 74th largest of 382 banks closed or assisted in 1990.
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The FDIC's record
- Closed
- January 26, 1990
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Acquirer
- None, NA
- Total assets
- $310,520,000
- Total deposits
- $257,666,000
- Estimated cost to the FDIC
- $31,128,205 (estimate as of July 31, 2026)
- Charter
- Savings and loan association
- Insurance fund
- RTC
- FDIC certificate
- 31710
Other bank failures in Utah, 1988 to 1992
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Home SB, FSB | Salt Lake City | July 5, 1990 | $12.8 million | $9.9 million | $217,701 | Zions First NB |
| Mountainwest S & L Assoc. | Ogden | February 17, 1989 | $241.5 million | $227.5 million | $71.4 million | Mountainwest Financial |
| American S & La | Salt Lake City | February 17, 1989 | $2.18 billion | $1.39 billion | $152.5 million | Pacific First FSB |
| Deseret S & L Assoc. | Salt Lake City | February 10, 1989 | $159.3 million | $177.7 million | $88 million | Zions First NB |
| Tracy-Collins Bank & Trust Company (assistance) | Salt Lake City | December 30, 1988 | $213.3 million | $196 million | $88,207 | Continental Bank & Trust Co |
| Mountainwest S&LA | Ogden | September 21, 1988 | $284.5 million | $262.3 million | ||
| Sandy State Bank | Sandy | May 27, 1988 | $8.9 million | $8 million | $1.9 million | Zions First National Ban |
| Basin State Bank | Vernal | February 12, 1988 | $12 million | $11.5 million | $3.4 million | Zions First National Ban |
All bank failures in 1990 · All bank failures in Utah · The full failed bank list
Read from the FDIC's failures data (BankFind), last updated 2026-10-24. 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.