Westernbank Puerto Rico
Status: | Inactive as of 04/30/2010 |
Absorption - Assisted | |
Successor Bank: | Banco Popular de Puerto Rico |
Headquarters: | Westernbank Puerto Rico 19 W Mckinley St , 00680 |
Established: | 04/30/1958 |
FDIC Insurance: | 04/30/1958 |
FDIC Cert: | #31027 |
Charter Class: | Commercial bank, state charter and Fed nonmember, supervised by the FDIC |
Total Assets: | $10,797,345,000 |
Total Deposits: | $8,420,357,000 |
History
1958-04-30 | Institution established: Original name:Western Federal Savings Bank | |
1985-04-30 | Changed organization type to STOCK SAVINGS BANK | |
1994-11-30 | Changed primary regulatory agency from OFFICE OF THRIFT SUPERVISION to FEDERAL DEPOSIT INSURANCE CORPORATION | |
1994-11-30 | Changed name to Westernbank Puerto Rico | |
2010-04-30 | Failed. Acquired with government financial assistance and subsequently operated as part of Banco Popular de Puerto Rico (34968) | |
2013-01-01 | Reorganized. | |
2015-02-27 | Acquired Doral Bank (32102) in SAN JUAN, PR as part of a government assisted transaction. |