# THE WESTERN SAVING FUND SOCIETY OF PHILADE

> **Failed bank** · PHILADELPHIA, PA · failed 1982-04-02 · MI · FDIC cost $29M

## What happened

THE WESTERN SAVING FUND SOCIETY OF PHILADE of PHILADELPHIA, PA was closed by regulators on **1982-04-02**. The FDIC was named receiver.

**Resolution:** A/A

Deposits were transferred to **PHILADELPHIA SVG FUND SOCIE** (PHILADELPHIA, PA). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 657
- **FDIC Certificate:** 15698
- **FDIC FIN:** 1908
- **Bank name:** THE WESTERN SAVING FUND SOCIETY OF PHILADE
- **Location:** PHILADELPHIA, PA
- **Failure date:** 1982-04-02
- **FDIC resolution date:** 1982-04-02
- **Charter type:** MI
- **Resolution type:** A/A
- **Estimated FDIC DIF cost:** $29M
- **Deposits at failure:** $1,966M
- **Assets at failure:** $2,126M
- **Acquiring bank:** PHILADELPHIA SVG FUND SOCIE (PHILADELPHIA, PA)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=THE%20WESTERN%20SAVING%20FUND%20SOCIETY%20OF%20PHILADE

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, THE WESTERN SAVING FUND SOCIETY OF PHILADE (FDIC ID 657), failed 1982-04-02. Retrieved via AI Analytics 2026-05-16 from https://api.ai-analytics.org/failed-bank/657.

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