Washington Federal Bank For Savings

Washington Federal Bank For Savings was established on January 1, 1913, originally named the Washington Savings and Loan Association of Chicago. Over the years, it underwent multiple name and regulatory changes; on July 22, 1993, it changed its name to Washington Savings Bank and converted to a mutual savings bank. The institution became Washington Federal Bank on October 21, 1994, and switched its regulatory oversight to the Office of Thrift Supervision (OTS). A subsequent name change on March 1, 1995, rebranded the bank as Washington Federal Bank For Savings, reflecting its evolution into a stock savings bank. On July 21, 2011, the primary federal regulatory agency changed from OTS to the Office of the Comptroller of the Currency. However, the bank ultimately failed on December 15, 2017, necessitating a merger with government financial assistance to address its insolvency.

Below is a list of some important events in banks history, including mergers and acquisitions.

1913-01-01Institution established. Original name: Washington Savings and Loan Association of Chicago.

1993-07-22Changed Organization Type to Mutual Savings Bank.

1993-07-22Changed Institution Name to Washington Savings Bank.

1994-10-21Changed Chartering Agency to Ots.

1994-10-21Changed Primary Federal Regulatory Agency to Ots.

1994-10-21Changed Institution Name to Washington Federal Bank, For Savings.

1995-03-01Changed Organization Type to Stock Savings Bank.

1995-03-01Changed Institution Name to Washington Federal Bank For Savings.

2011-07-21Changed Primary Federal Regulatory Agency to The Office of the Comptroller of the Currency.

2017-12-15Failed. Merged with government financial assistance,.