# WESTERN FSB

> **Failed bank** · MARINA DEL RAY, CA · failed 1993-06-04 · SL · FDIC cost $108M

## What happened

WESTERN FSB of MARINA DEL RAY, CA was closed by state regulators on **1993-06-04**. The FDIC was named receiver.

**Resolution:** Purchase & Assumption — acquiring bank assumed deposits + bought assets

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


## Key facts

- **FDIC ID:** 3457
- **FDIC Certificate:** 29671
- **FDIC FIN:** 1300
- **Bank name:** WESTERN FSB
- **Location:** MARINA DEL RAY, CA
- **Failure date:** 1993-06-04
- **FDIC resolution date:** 1994-09-09
- **Charter type:** SL
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $108M
- **Deposits at failure:** $2,704M
- **Assets at failure:** $3,796M
- **Acquiring bank:** BRANCH SALE (NONE, NA)

## Other banks BRANCH SALE has acquired in FDIC resolutions

- PIONEER FS & LA (PRAIRIE VILLAGE, KS) — failed 1993-04-02 — /failed-bank/3448
- SECOND NATIONAL, FSB (SALISBURY, MD) — failed 1992-12-04 — /failed-bank/3424
- CARTERET FSB (MADISON, NJ) — failed 1992-12-04 — /failed-bank/3422
- POLIFLY FS & LA (NEW MILFORD, NJ) — failed 1992-11-20 — /failed-bank/3417
- IRVING FB FOR SAVINGS (CHICAGO, IL) — failed 1992-11-20 — /failed-bank/3416
- FIRST FSB OF GEORGIA, FA (WINDER, GA) — failed 1992-11-06 — /failed-bank/3408
- HOMESTEAD FSA (SAN FRANCISCO, CA) — failed 1992-10-30 — /failed-bank/3406
- STANDARD FSB (GAITHERSBURG, MD) — failed 1992-10-21 — /failed-bank/3385
- SECURITY FS & LA (JACKSON, MS) — failed 1992-10-16 — /failed-bank/3384
- FIRST RUSSELL COUNTY (PHENIX CITY, AL) — failed 1992-07-24 — /failed-bank/3362

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=WESTERN%20FSB

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, WESTERN FSB (FDIC ID 3457), failed 1993-06-04. Retrieved via AI Analytics 2026-06-25 from https://api.ai-analytics.org/failed-bank/3457.

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*[FDIC failures dataset](/datasets/fdic-failures) · CC0 1.0*