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

1920-01-01Institution established: Original name:Wilmington Federal Savings and Loan Association
1985-03-31Changed name to Westco Savings Bank, FSB
1989-04-27Placed into government conservatorship.
1990-04-27Acquired after government financial assistance and subsequently operated as part of Frontier Bank, National Association (24491)
1990-04-27Government conservatorship or bridge bank resolved.
1997-01-17Merged into and subsequently operated as part of City National Bank (17281) in BEVERLY HILLS, CA
1997-01-17Acquired Ventura County National Bank (24178) in OXNARD, CA
1997-01-17Acquired Frontier Bank, National Association (24491) in LA PALMA, CA
1997-01-24Acquired Riverside National Bank (19386) in RIVERSIDE, CA
1998-01-09Acquired Harbor Bank (21581) in LONG BEACH, CA
1998-12-31Acquired North American Trust Company (27220) in SAN DIEGO, CA
1999-08-27Reorganized.
1999-08-27Acquired American Pacific State Bank (20393) in SHERMAN OAKS, CA
2000-02-29Acquired The Pacific Bank, National Association (24706) in SAN FRANCISCO, CA
2002-02-28Acquired CivicBank of Commerce (25797) in OAKLAND, CA
2002-12-13Changed from the Savings Association Insurance Fund to the Bank Insurance Fund.
2007-05-01Acquired Business Bank of Nevada (34077) in LAS VEGAS, NV
2009-07-15Moved bank headquarters from BEVERLY HILLS, CA to LOS ANGELES, CA
2009-12-18Acquired Imperial Capital Bank (26348) in LA JOLLA, CA as part of a government assisted transaction.
2010-05-07Acquired 1st Pacific Bank of California (35517) in SAN DIEGO, CA as part of a government assisted transaction.
2010-05-28Acquired Sun West Bank (34785) in LAS VEGAS, NV as part of a government assisted transaction.
2011-04-08Acquired Nevada Commerce Bank (35418) in LAS VEGAS, NV as part of a government assisted transaction.