The Graveyard › Banks › 1981
Northwest Commerce Bank
North Bend, OR · failed June 19, 1981 · FDIC certificate 22640
Northwest Commerce Bank of North Bend, OR failed on June 19, 1981. It opened on April 24, 1978, 3 years before. At its last report before that it held $6.7 million in assets and $5.2 million in deposits. The FDIC estimates that the FDIC's insurance fund lost $1.0 million on it.
Assets at the end$6.7 millionlast report before June 19, 1981
Deposits at the end$5.2 million
Estimated loss to the fund$1.0 millionFDIC
Also ended in 1981
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- The Greenwich Savings Bank · New York · $2.5 billion in assets · assisted
- Union Dime Savings Bank · New York · $1.5 billion in assets · assisted
- Washington Fs&La · Miami Beach · $1.2 billion in assets · assisted
- First Fs&La of Rochester · Rochester · $1.2 billion in assets
History, not advice.
Source: Federal Deposit Insurance Corporation, BankFind Suite API. Source values and institutional identifiers are retained; formatting and normalization by Underfolio. No FDIC endorsement is implied. How these numbers are made · Report a data issue.