WESTPORT FEDERAL SAVINGS BANK Failed 1990

HANFORD, CA · SL · view on FDIC BankFind ↗

What happened

WESTPORT FEDERAL SAVINGS BANK of HANFORD, CA was closed on 1990-03-09. The FDIC was named receiver.

Resolution: PO

Deposits were transferred to PAYOUT (NONE, NA). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
2697
FDIC Certificate
31965
FDIC FIN
7141
Bank name
WESTPORT FEDERAL SAVINGS BANK
Location
HANFORD, CA
Failure date
1990-03-09
FDIC resolution date
1990-08-17
Charter type
SL
Resolution type
PO
FDIC DIF cost (est.)
$28M
Deposits at failure
$172M
Assets at failure
$170M
Acquiring bank
PAYOUT (NONE, NA)

Other banks PAYOUT acquired in FDIC resolutions