Western Federal Savings and Loan
Marina Del Rey, CA
$3.8B
total assets, March 31, 1993
$3.8B
total assets, March 31, 1993
Western Federal Savings and Loan was a savings and loan in Marina Del Rey, CA. It failed on Jun 4, 1993, and Branch Sale took over its deposits. At its last report it held $3.8 billion in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1993
This bank failed
- Failed on
- Jun 4, 1993
- Assets
- $3.8B
- Deposits
- $2.7B
- Estimated cost
- $108M
- Deposits went to
- Branch Sale, None, NA
Total assets
$3.8B
-13.2% in a year · -4.8% in a quarter
Deposits
$2.7B
-13.0% in a year · -6.3% in a quarter
Loans
$2.3B
-24.3% in a year · -8.5% in a quarter
Profit so far
$8.6M
Jan 1 to Mar 31, 1993
Capital ratio
2.22%
-1.31 pts in a year
Return on assets
0.88%
+1.04 pts in a year
Facts
- Type
- Savings and loan
- Head office
- 13160 Mindanao Way, Marina Del Rey, CA, 90292
- County
- Los Angeles
- Established
- Apr 20, 1936
- Failed
- Jun 4, 1993
- Employees
- 753
- Id
- b29671
Quarter by quarter
March 31, 1984 to March 31, 1993
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is Western Federal Savings and Loan?
$3.8 billion in total assets and $2.7 billion in deposits as of March 31, 1993, with assets down 13.2% from a year before. Its loans were $2.3 billion.
Is Western Federal Savings and Loan profitable?
Yes: it earned $8.59 million from January 1 to March 31, 1993. Its return on assets was 0.88% a year; about 1% is typical.
When did Western Federal Savings and Loan fail?
Jun 4, 1993. Branch Sale of None, NA took over its deposits. The estimated cost of the failure was $107.9 million.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.