# FIRST WESTERN BANK, N.A.

> **Failed bank** · SAN DIEGO, CA · failed 1993-04-15 · National commercial bank (OCC-chartered) · FDIC cost $3M

## What happened

FIRST WESTERN BANK, N.A. of SAN DIEGO, CA was closed by the OCC on **1993-04-15**. The FDIC was named receiver.

**Resolution:** Payout / Insured deposits — FDIC paid insured deposits directly to depositors

Deposits were transferred to **PENINSULA BANK OF SAN DI** (SAN DIEGO, CA). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3450
- **FDIC Certificate:** 24676
- **FDIC FIN:** 4574
- **Bank name:** FIRST WESTERN BANK, N.A.
- **Location:** SAN DIEGO, CA
- **Failure date:** 1993-04-15
- **FDIC resolution date:** 1993-04-15
- **Charter type:** National commercial bank (OCC-chartered)
- **Resolution type:** Payout / Insured deposits — FDIC paid insured deposits directly to depositors
- **Estimated FDIC DIF cost:** $3M
- **Deposits at failure:** $15M
- **Assets at failure:** $16M
- **Acquiring bank:** PENINSULA BANK OF SAN DI (SAN DIEGO, CA)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=FIRST%20WESTERN%20BANK%2C%20N.A.

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FIRST WESTERN BANK, N.A. (FDIC ID 3450), failed 1993-04-15. Retrieved via AI Analytics 2026-06-25 from https://api.ai-analytics.org/failed-bank/3450.

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