Golden State Bank, FSB

Status:Inactive as of 08/13/1993
 Absorption - Assisted
Institution Enters Conservatorship
Successor Bank:Golden State Federal Savings Bank
Headquarters:Golden State Bank, FSB
2 Park Plaza, Suite 1130
, 92714
Established:06/21/1984
FDIC Insurance:08/09/1989
FDIC Cert:#32228
Charter Class:Savings banks, state charter, supervised by the FDIC
Total Assets:$50,629,000
Total Deposits:$46,554,000

History

1984-06-21Institution established: Original name:Westmark Savings Bank
1987-10-31Changed name to Sherman Oaks Savings Bank, FSB
1987-10-31Changed organization type to STOCK SAVINGS BANK
1987-10-31Moved bank headquarters from NEWPORT BEACH, CA to SHERMAN OAKS, CA
1991-05-20Changed name to Golden State Bank, FSB
1991-07-01Moved bank headquarters from SHERMAN OAKS, CA to IRVINE, CA
1993-08-13Institution established: Original name:Golden State Federal Savings Bank (33827)
1993-08-13Placed into government conservatorship.
1993-08-13Failed, went into receivership, and then became part of Golden State Federal Savings Bank (33827)
1994-04-08Ceased operations as a result of a government supervised payoff, liquidation, or closing. No active institution received any of its deposits.
1994-04-08Government conservatorship or bridge bank resolved.

Financial Information (1992-12-31 and Older)