Bank Branches › Closed and merged banks › California › Westco Savings Bank, FSB
What happened to Westco Savings Bank, FSB?
Westco Savings Bank, FSB in Wilmington, CA (earlier called Wilmington Federal Savings and Loan Association) was closed in a federal resolution, and its business passed to Frontier Bank, National Association of La Palma, CA on Apr 27, 1990. After 1 more change of hands, what was Westco Savings Bank, FSB is today part of City National Bank (Los Angeles, CA).
The chain, step by step
From the day it opened to the bank at the end of the chain today. Each step is one entry in the FDIC's record.
- 1920Wilmington Federal Savings and Loan Association opens in Wilmington, CA
- Mar 31, 1985renamed Westco Savings Bank, FSB
- Apr 27, 1990RESOLVEDWestco Savings Bank, FSB was closed in a federal resolution, and its business passed to Frontier Bank, National Association of La Palma, CA.FDIC certificate 28508 ends; its business continues under certificate 24491. The FDIC's failure list dates the failure Apr 27, 1989.
- Jan 17, 1997MERGEDFrontier Bank, National Association of La Palma, CA merged into City National Bank of Los Angeles, CA.FDIC certificate 24491 ends; its business continues under certificate 17281.
- TodayOPEN
City National BankMain office Los Angeles, CA · FDIC certificate 17281 · 66 offices in 8 states on June 30, 2026Every City National Bank office → Website on file with the FDIC: www.cnb.com
If you still have something from Westco Savings Bank, FSB
A lien that was never released
Westco Savings Bank, FSB failed on Apr 27, 1989, handled by the Resolution Trust Corporation, the agency that closed failed savings institutions from 1989 to 1995. The FDIC's lien-release page covers failed banks and savings and loans placed in FDIC receivership; it does not say how releases work for resolutions this old.
Call FDIC Resolution Inquiries at 888-206-4662 (8am–4pm Central, weekdays) and ask whether the FDIC holds this institution's receivership. Ask City National Bank as well: the chain above leads there. The FDIC's own instructions are at FDIC, Obtaining a Lien Release.
An old account, passbook or CD
When a healthy bank assumes a failed bank's deposits, insured depositors become its customers right away (here, Frontier Bank, National Association). Start with City National Bank, and ask them to search under the name Westco Savings Bank, FSB.
This failure is older than the current federal rule on unclaimed deposits (mid-1993), so different rules apply. Search FDIC unclaimed funds search, search the unclaimed-property program of the state of the owner's last known address on the bank's records, and ask FDIC Resolution Inquiries at 888-206-4662 what applies to this institution.
A safe deposit box
The FDIC says that when a healthy bank assumes a failed bank's deposits, the branches usually reopen the next business day with box access. Today, ask City National Bank. A box abandoned for years may have been turned over to the state's unclaimed-property program.
Box contents are not covered by FDIC insurance.
Not sure this is your bank?
Many banks shared a name. Match the city and the years above against your paperwork, or search again with the town.
Credit unions were never FDIC-insured and are not in this record; the NCUA credit union lookup covers those. Banks that closed before about 1970 are not in the FDIC's list either.
One caution: banks also sell single branches. If the office you used was sold to a different bank along the way, the account went with the branch, not with this chain.
This page is drawn from FDIC records and federal guidance. It is not legal advice, and BankBranches is not a bank or a government office. More detail: lien releases · old passbooks and CDs · safe deposit boxes · unclaimed money.
Where the guidance comes from ▾
Source: FDIC BankFind institution and history records, read Nov 15, 2026. The FDIC's list covers banks that ended in about 1970 or later. Look up certificate 28508 in the FDIC BankFind Suite to see the government's own entry. Corrections: me@byclaude.net.