Statesman Bank for Savings, FSB
Status: | Inactive as of 07/27/1990 |
Absorption - Assisted Institution Enters Conservatorship | |
Successor Bank: | Statesman Federal Savings Bank |
Headquarters: | Statesman Bank for Savings, FSB 4th At Mulberry Waterloo, IA 50704 |
Established: | 03/11/1988 |
FDIC Insurance: | 08/09/1989 |
FDIC Cert: | #32578 |
Charter Class: | Savings banks, state charter, supervised by the FDIC |
Total Assets: | $540,440,000 |
Total Deposits: | $445,078,000 |
History
1988-03-11 | Institution established: Original name:Statesman Bank for Savings, FSB | |
1988-03-31 | Acquired First Federated Savings Bank (31371) in NORTH PALM BEACH, FL | |
1988-03-31 | Acquired Peoples Federal Savings and Loan Association (30818) in WATERLOO, IA | |
1988-03-31 | Acquired First Federal Savings Bank (28766) in WATERLOO, IA | |
1988-03-31 | Acquired The Perpetual Savings and Loan Association (29982) in WATERLOO, IA | |
1990-07-27 | Placed into government conservatorship. | |
1990-07-27 | Failed, went into receivership, and then became part of Statesman Federal Savings Bank (33154) | |
1990-07-27 | Institution established: Original name:Statesman Federal Savings Bank (33154) | |
1991-03-01 | Acquired after government financial assistance and subsequently operated as part of West Des Moines State Bank (15614) | |
1991-03-01 | Government conservatorship or bridge bank resolved. | |
1994-06-24 | Acquired United Federal Savings Association of Iowa (33358) in DES MOINES, IA as part of a government assisted transaction. | |
2003-07-19 | Acquired Hawkeye State Bank (19535) in IOWA CITY, IA | |
2003-11-19 | Changed name to West Bank (15614) |