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The W Holding Company was a financial holding corporation located in Mayagüez, Puerto Rico. On April 30, 2010, Westernbank, its wholly owned bank subsidiary, failed ... Rico seized it and appointed the FDIC to become the failed bank's receiver. The FDIC sold the deposits and assets to Banco Popular de Puerto Rico.


SUMMARY: The FDIC has determined that insufficient assets exist in the receivership of Westernbank Puerto Rico, Mayaguez, Puerto Rico, to make any ...


Apr 30, 2010 ... Westernbank Puerto Rico, Mayaguez, Puerto Rico, was closed today by the ... the Federal Deposit Insurance Corporation (FDIC) as receiver.


Apr 30, 2010 ... Unclaimed bank account search - Westernbank Puerto Rico. April 30 ... The Federal Deposit Insurance Corporation was named receiver.


May 1, 2010 ... As receiver, the FDIC entered into a purchase and assumption ... Westernbank Puerto Rico is the 60th FDIC-insured institution to fail in the ...


Dec 2, 2010 ... Puerto Rico (OCFI) closed Westernbank Puerto Rico (Westernbank), Mayaguez, Puerto Rico and named the FDIC as receiver. On June 2, 2010 ...


Apr 3, 2013 ... ... as Receiver of Westernbank Puerto Rico, Intervenor Defendant, Appellee. ... the insolvent Westernbank and appointed the FDIC as receiver.


May 1, 2010 ... The Federal Deposit Insurance Corp. was appointed receiver and found ... also agreed to take over the failed bank's assets, with the FDIC agreeing to ... Westernbank Puerto Rico was a subsidiary of W. Holding ( WHI) and ...


Apr 12, 2012 ... In a motion filed in the U.S.district court in Puerto Rico, the six former ... As receiver for Westernbank, the FDIC intervened in January and ...


Apr 2, 2015 ... The FDIC, as receiver for Westernbank, moved to intervene in the state ... 2011, removed the state court action to the District of Puerto Rico.