Western Savings and Loan Association

Status:Inactive as of 11/22/1991
 Absorption - Assisted
Institution Enters Conservatorship
Successor Bank:Western Federal Savings and Loan Association
Headquarters:Western Savings and Loan Association
5345 W Lawrence Ave
Chicago, IL 60630
Established:01/01/1926
FDIC Insurance:08/26/1952
FDIC Cert:#28446
Charter Class:
Total Assets:$33,164,000
Total Deposits:$26,424,000

History

1926-01-01Institution established: Original name:Western Savings and Loan Association
1991-11-22Institution established: Original name:Western Federal Savings and Loan Association (33528)
1991-11-22Placed into government conservatorship.
1991-11-22Failed, went into receivership, and then became part of Western Federal Savings and Loan Association (33528)
1992-03-20Government conservatorship or bridge bank resolved.
1992-03-20Acquired after government financial assistance and subsequently operated as part of Devon Bank (16249)
1992-12-12Acquired Deerbrook State Bank (20795) in DEERFIELD, IL