Royal Bank Welcomes Washington Federal Bank For Savings Customers!

What Changed?

On December 15, 2017, the Office of the Comptroller of the Currency (OCC) closed Washington Federal Bank for Savings and appointed the Federal Deposit Insurance Corporation (FDIC) as receiver.

On Saturday, December 16, 2017, the two former Washington Federal Bank for Savings branches reopened as offices of Royal Bank.


Is the money I had at Washington Federal Bank for Savings still safe and available to me?

Yes. Your insured deposits remain safe, secure and accessible. Your deposits continue to be protected by FDIC insurance up to applicable limits.


How will my bank accounts be affected?

For now, all of the features of your accounts will remain the same. You’ll be notified in writing regarding any future changes to your accounts.


What does this change mean for Washington Federal Bank for Savings customers?

You can continue to bank as usual, using your existing checks and cards. You also can continue to access your accounts through online and mobile  banking, and at ATMs, including the Allpoint ATM network. You can also visit any of our nine branch locations.


How will this affect the office locations I use?

You can visit any of our nine branch locations:

2869 S. Archer Avenue Chicago, IL 60608

1410 W. Taylor Street Chicago, IL 60607

5400 S. Pulaski Road Chicago, IL 60632

2740 W. 55th Street Chicago, IL 60632

1823 W. 47th Street Chicago, IL 60609

9226 S. Commercial Avenue Chicago, IL 60617

3448 E. 118th Street Chicago, IL 60617

21 E. Ogden Avenue Westmont, IL 60559

7840 N. Milwaukee Avenue Niles, IL 60714