WESTSIDE BANK, FSB Failed 1993
What happened
WESTSIDE BANK, FSB of LOS ANGELES, CA was closed on 1993-09-24. 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
- 3477
- FDIC Certificate
- 32229
- FDIC FIN
- 1267
- Bank name
- WESTSIDE BANK, FSB
- Location
- LOS ANGELES, CA
- Failure date
- 1993-09-24
- FDIC resolution date
- 1994-04-15
- Charter type
- State commercial bank, non-Federal Reserve member (FDIC-supervised)
- Resolution type
- PO
- FDIC DIF cost (est.)
- $22M
- Deposits at failure
- $77M
- Assets at failure
- $82M
- Acquiring bank
- PAYOUT (NONE, NA)
Other banks PAYOUT acquired in FDIC resolutions
- GOLDEN STATE FSB (IRVINE, CA) — failed 1993-08-13
- VISTA FSA (CANOGA PARK, CA) — failed 1993-01-29
- ADVANCED FSB (NORTHRIDGE, CA) — failed 1992-01-24
- DAVY CROCKETT FS & LA (CROCKETT, TX) — failed 1991-09-13
- FIDELITY FS & LA (AUSTIN, TX) — failed 1991-07-12
- COLONIAL FSB (CRANSTON, RI) — failed 1991-05-10
- SENTRY FSA (NORFOLK, VA) — failed 1991-05-03
- ATASCOSA SA (JOURDANTON, TX) — failed 1990-11-30
- LOUISIANA FEDERAL SAVINGS BANK (KENNER, LA) — failed 1990-11-09
- DESOTO FS & LA (MANSFIELD, LA) — failed 1990-11-02