Westerly Savings Bank

Westerly Savings Bank Overview

Westerly Savings Bank, founded in January 01, 1888, is currently an active FDIC insured bank. The chartering agency for Westerly Savings Bank is currently with the State. This FDIC insured bank is not being operated by government conservatorship. Westerly Savings Bank has an FDIC insurance membership with the SAIF – Savings Association Insurance Fund and is regulated by the Office of Thrift Supervision (OTS).

Westerly Savings Bank is assigned uner the New York Federal Deposit Insurance Corporation (FDIC) supervisory office and had obtained their federal deposit insurance on April 16, 1956.

Address Location and Maps for Westerly Savings Bank

Bank Name Westerly Savings Bank FDIC Bank Location for Westerly Savings Bank
Address 8 Union Street
Westerly, RI 2891
County: Washington
Bank’s State: Rhode Island
Website: http://www.wsb.net:80/


Westerly Savings Bank Detailed Information

FDIC Certificate ID 30804
Bank Institution Name Westerly Savings Bank
Is the Bank Active? Active
Office of Thrift Supervision Docket ID 5943
Total Assets $74,853,000
Total Deposits $56,275,000
Regulator Office of Thrift Supervision (OTS)
Bank Charter Class SA – Savings Association. Bank is supervised by the Office of Thrift Supervision (OTS). It is either a state or federal charter.
FDIC Bank’s Chartering Agency State
Bank is FDIC Insured No, FDIC insured bank is NOT a member of the Bank Insurance Fund
Bank Insurance Fund SAIF – Savings Association Insurance Fund
Date of Deposit Insurance April 16, 1956
Change Code 223
Change Code Description Merger – FDIC Insured Bank Without Assistance
OCC Bank Charter Number No FDIC Bank Charter Number
Conservatorship FDIC insured bank is not being operated by government conservatorship.
Inactive Bank that used to be FDIC insured? Yes
Credit Card Institution No, bank is not a credit card institution. Credit card loans do not exceed 50% of the FDIC Bank institution’s total assets, including loans that have been securitized and sold.
Insured Commercial Banks Yes
FDIC Supervisory Region New York
Insured Savings Institution Yes, Bank is Savings Association Insurance Fund (SAIF) insured
State Charter Yes
County Washington
Office of Thrift Supervision Region Northeast
Assigned Federal Reserve District New York
Oakar Institutions No
FDIC Field Office 0
Insured offices of foreign banks 0

Westerly Savings Bank is insured by the Federal Deposit Insurance Corporation (FDIC)

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