BRIEF-Frontier Bank of Washington has failed-U.S. FDIC

WASHINGTON, April 30 (Reuters) - The Federal Deposit Insurance Corp said on Friday:

* U.S. fdic says frontier bank of Everett, Washington has failed

* U.S. fdic says union bank, national association, of San Francisco,

California, to assume all of the deposits of frontier bank

* U.S. fdic says frontier bank had approximately $3.50 billion in total assets,

failure to cost insurance fund $1.37 billion

* U.S. fdic says frontier bank is the 64th U.S. bank failure so far this year

(Company news desk in Washington; +1 202 898 8400, washington.newsroom@thomsonreuters.com)

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