The Graveyard › Banks › 1983
The Deschutes Bank
Redmond, OR · failed October 7, 1983 · FDIC certificate 22807
The Deschutes Bank of Redmond, OR failed on October 7, 1983. It opened on February 14, 1979, 4 years before. At its last report before that it held $10.2 million in assets and $10.0 million in deposits. The FDIC estimates that the FDIC's insurance fund lost $4.3 million on it.
Assets at the end$10.2 millionlast report before October 7, 1983
Deposits at the end$10.0 million
Estimated loss to the fund$4.3 millionFDIC
Also ended in 1983
- Dry Dock Savings Bank · New York · $2.5 billion in assets · assisted
- Suburban S&LA · Wayne · $2.0 billion in assets · assisted
- Biscayne Fs&La · Miami · $1.9 billion in assets · assisted
- The First National Bank of Midland · Midland, TX · $1.4 billion in assets
- United American Bank in Knoxville · Knoxville · $760.5 million in assets · assisted
- Carondelet S&LA Also Case 115 · St. Louis · $740.6 million in assets · assisted
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.