# WESTERN NATIONAL BANK

> **Failed bank** · SANTA ANA, CA · failed 1982-08-27 · National commercial bank (OCC-chartered) · FDIC cost $4M

## What happened

WESTERN NATIONAL BANK of SANTA ANA, CA was closed by the OCC on **1982-08-27**. The FDIC was named receiver.

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

Deposits were transferred to **COMMONWEALTH BANK** (TORRANCE, CA). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 696
- **FDIC Certificate:** 23308
- **FDIC FIN:** 2320
- **Bank name:** WESTERN NATIONAL BANK
- **Location:** SANTA ANA, CA
- **Failure date:** 1982-08-27
- **FDIC resolution date:** 1982-08-27
- **Charter type:** National commercial bank (OCC-chartered)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $4M
- **Deposits at failure:** $22M
- **Assets at failure:** $26M
- **Acquiring bank:** COMMONWEALTH BANK (TORRANCE, CA)

## Other banks COMMONWEALTH BANK has acquired in FDIC resolutions

- PACIFIC COAST BANK (SAN DIEGO, CA) — failed 1982-04-29 — /failed-bank/664

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, WESTERN NATIONAL BANK (FDIC ID 696), failed 1982-08-27. Retrieved via AI Analytics 2026-05-16 from https://api.ai-analytics.org/failed-bank/696.

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