# WESTSIDE BANK, FSB

> **Failed bank** · LOS ANGELES, CA · failed 1993-09-24 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $22M

## What happened

WESTSIDE BANK, FSB of LOS ANGELES, CA was closed by regulators 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
- **Estimated FDIC DIF cost:** $22M
- **Deposits at failure:** $77M
- **Assets at failure:** $82M
- **Acquiring bank:** PAYOUT (NONE, NA)

## Other banks PAYOUT has acquired in FDIC resolutions

- GOLDEN STATE FSB (IRVINE, CA) — failed 1993-08-13 — /failed-bank/3471
- VISTA FSA (CANOGA PARK, CA) — failed 1993-01-29 — /failed-bank/3436
- ADVANCED FSB (NORTHRIDGE, CA) — failed 1992-01-24 — /failed-bank/3262
- DAVY CROCKETT FS & LA (CROCKETT, TX) — failed 1991-09-13 — /failed-bank/3186
- FIDELITY FS & LA (AUSTIN, TX) — failed 1991-07-12 — /failed-bank/3142
- COLONIAL FSB (CRANSTON, RI) — failed 1991-05-10 — /failed-bank/3101
- SENTRY FSA (NORFOLK, VA) — failed 1991-05-03 — /failed-bank/3084
- ATASCOSA SA (JOURDANTON, TX) — failed 1990-11-30 — /failed-bank/2951
- LOUISIANA FEDERAL SAVINGS BANK (KENNER, LA) — failed 1990-11-09 — /failed-bank/2936
- DESOTO FS & LA (MANSFIELD, LA) — failed 1990-11-02 — /failed-bank/2931

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, WESTSIDE BANK, FSB (FDIC ID 3477), failed 1993-09-24. Retrieved via AI Analytics 2026-05-20 from https://api.ai-analytics.org/failed-bank/3477.

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