Westerly Savings Bank

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Westerly Savings Bank Detail Information

Westerly Savings Bank
8 Union Street
Westerly, Rhode Island 2891
Primary Internet Web Address: http://www.wsb.net:80/

FDIC Certificate #: 30804
Active: No
Bank Charter Class: SA - savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS).
Structural event relating to an institution: Merger - Without Assistance
Westerly Savings Bank Established Date: 1888-01-01
Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
Secondary Insurance Fund:

About Westerly Savings Bank as of 9/6/2007 (RI Bank):

• County: Washington
• Westerly Savings Bank is NOT being operated in government conservatorship.
• Institution is currently closed but were once insured by the FDIC.
• Includes institutions insured by the FDIC.
• Member of the Savings Association Insurance Fund. As of April 1, 2006 SAIF was merged together with the Bank Insurance Fund (BIF) to create a single Deposit Insurance Fund (DIF). All FDIC insured SAIF member institutions, that are still active or open, are now insured members of DIF.
• Includes savings institutions insured by the FDIC that operate under state or federal banking codes applicable to thrift institutions. These institutions are regulated by and submit financial reports to one of two Federal regulators (FDIC or Office of Thrift Supervision).
• Westerly Savings Bank is state chartered.
• Bank Holding Company Type: South Boston
• Regulator: OTS
• Metropolitan Statistical Area (MSA): New London-Norwich, CT-RI
• Office of Thrift Supervision Region: Northeast
• FDIC Supervisory Region: New York
• Federal Reserve District: New York
• Bank Holding Company (Regulatory Top Holder):
• Regulatory holding company state location:

Office: 1 Westerly Savings Bank Branch/Bank Locations

_{*Data by The Federal Deposit Insurance Corporation (FDIC)}