Westco Savings Bank, FSB
Status: | Inactive as of 04/27/1990 |
Pass Through Receivership Merger Conservatorship Institution Resolved | |
Successor Bank: | Frontier Bank |
Headquarters: | Westco Savings Bank, FSB 1000 No Avalon Blvd Wilmington, CA 90744 |
Established: | 01/01/1920 |
FDIC Insurance: | 06/30/1943 |
FDIC Cert: | #28508 |
Charter Class: | |
Total Assets: | $128,362,000 |
Total Deposits: | $116,395,000 |
History
1920-01-01 | Institution established: Original name:Wilmington Federal Savings and Loan Association | |
1985-03-31 | Changed name to Westco Savings Bank, FSB | |
1989-04-27 | Placed into government conservatorship. | |
1990-04-27 | Acquired after government financial assistance and subsequently operated as part of Frontier Bank, National Association (24491) | |
1990-04-27 | Government conservatorship or bridge bank resolved. | |
1997-01-17 | Merged into and subsequently operated as part of City National Bank (17281) in BEVERLY HILLS, CA | |
1997-01-17 | Acquired Ventura County National Bank (24178) in OXNARD, CA | |
1997-01-17 | Acquired Frontier Bank, National Association (24491) in LA PALMA, CA | |
1997-01-24 | Acquired Riverside National Bank (19386) in RIVERSIDE, CA | |
1998-01-09 | Acquired Harbor Bank (21581) in LONG BEACH, CA | |
1998-12-31 | Acquired North American Trust Company (27220) in SAN DIEGO, CA | |
1999-08-27 | Reorganized. | |
1999-08-27 | Acquired American Pacific State Bank (20393) in SHERMAN OAKS, CA | |
2000-02-29 | Acquired The Pacific Bank, National Association (24706) in SAN FRANCISCO, CA | |
2002-02-28 | Acquired CivicBank of Commerce (25797) in OAKLAND, CA | |
2002-12-13 | Changed from the Savings Association Insurance Fund to the Bank Insurance Fund. | |
2007-05-01 | Acquired Business Bank of Nevada (34077) in LAS VEGAS, NV | |
2009-07-15 | Moved bank headquarters from BEVERLY HILLS, CA to LOS ANGELES, CA | |
2009-12-18 | Acquired Imperial Capital Bank (26348) in LA JOLLA, CA as part of a government assisted transaction. | |
2010-05-07 | Acquired 1st Pacific Bank of California (35517) in SAN DIEGO, CA as part of a government assisted transaction. | |
2010-05-28 | Acquired Sun West Bank (34785) in LAS VEGAS, NV as part of a government assisted transaction. | |
2011-04-08 | Acquired Nevada Commerce Bank (35418) in LAS VEGAS, NV as part of a government assisted transaction. |