Westport Savings Bank

Status:Inactive as of 03/09/1990
 Absorption - Assisted
Institution Enters Conservatorship
Successor Bank:Westport Federal Savings Bank
Headquarters:Westport Savings Bank
317 North Douty Street
Hanford, CA 93230
Established:01/01/1978
FDIC Insurance:04/02/1979
FDIC Cert:#31965
Charter Class:
Total Assets:$169,635,000
Total Deposits:$171,548,000

History

1978-01-01Institution established: Original name:Kings Harvest Savings and Loan Association
1984-12-31Changed name to Westport Savings Bank
1990-03-09Institution established: Original name:Westport Federal Savings Bank (32981)
1990-03-09Failed, went into receivership, and then became part of Westport Federal Savings Bank (32981)
1990-03-09Placed into government conservatorship.
1990-08-17Ceased operations as a result of a government supervised payoff, liquidation, or closing. No active institution received any of its deposits.
1990-08-17Government conservatorship or bridge bank resolved.