Western Federal Savings and Loan Association

Status:Inactive as of 08/31/1988
 Merger - Assisted
Successor Bank:First Federal Lincoln Bank-Iowa
Headquarters:Western Federal Savings and Loan Association
20 Pearl Street
Council Bluffs, IA 51501
Established:01/01/1937
FDIC Insurance:03/25/1938
FDIC Cert:#29944
Charter Class:
Total Assets:$23,915,000
Total Deposits:$39,121,000

History

1937-01-01Institution established: Original name:Western Federal Savings and Loan Association
1983-06-30Acquired Mills County Savings and Loan Association (29915) in GLENWOOD, IA
1988-08-31Acquired Western Federal Savings and Loan Association in COUNCIL BLUFFS, IA
1988-08-31Acquired First Federal Bank, FSB (29050) in SHENANDOAH, IA
1988-08-31Failed. Acquired with government financial assistance and subsequently operated as part of First Federal Savings and Loan Association of Lincoln-Iowa (32609)
1989-03-31Changed organization type to STOCK SAVINGS & LOAN
1995-06-01Changed organization type to STOCK SAVINGS BANK
1995-06-01Changed name to First Federal Lincoln Bank-Iowa (32609)
1998-12-18Merged into and subsequently operated as part of First Federal Lincoln Bank (29341) in LINCOLN, NE
2002-02-09Changed name to TierOne Bank (29341)
2002-10-01Changed organization type to STOCK SAVINGS BANK
2004-08-27Acquired United Nebraska Bank (33900) in GRAND ISLAND, NE
2010-06-04Failed. Acquired with government financial assistance and subsequently operated as part of Great Western Bank (15289)
2012-06-22Acquired First Federal Savings Bank of Iowa (30742) in FORT DODGE, IA
2016-05-16Acquired Home Federal Bank (28092) in SIOUX FALLS, SD
2017-07-05Moved bank headquarters from LINCOLN, NE to SIOUX FALLS, SD