Bank Branches › Closed and merged banks › California › Luther Burbank Savings
What happened to Luther Burbank Savings?
Luther Burbank Savings in Santa Rosa, CA (earlier called Luther Burbank Savings and Loan Association) merged into Washington Federal Bank of Seattle, WA on Mar 1, 2024. That bank is now called WaFd Bank (Seattle, WA).
The chain, step by step
From the day it opened to the bank at the end of the chain today. Each step is one entry in the FDIC's record.
- 1982Luther Burbank Savings and Loan Association opens in Santa Rosa, CA
- Mar 24, 1998renamed Luther Burbank Savings
- Mar 1, 2024MERGEDLuther Burbank Savings merged into Washington Federal Bank of Seattle, WA.FDIC certificate 32178 ends; its business continues under certificate 28088.
- TodayOPEN
WaFd BankMain office Seattle, WA · FDIC certificate 28088 · 212 offices in 9 states on June 30, 2026Every WaFd Bank office → Website on file with the FDIC: www.wafdbank.com
If you still have something from Luther Burbank Savings
A lien that was never released
If a paid-off mortgage, home-equity line or car loan still shows Luther Burbank Savings as lienholder, start with WaFd Bank. In a merger the surviving bank takes over the other bank's loans, so it is the bank to ask for a recordable lien release; if the loan was sold along the way, it can tell you to whom.
The FDIC says it cannot process lien releases for banks that merged or were acquired without government assistance, which is what the record shows here.
Record the release with the same county office that recorded the original mortgage or deed of trust.
An old account, passbook or CD
Ask WaFd Bank to search for the account under the name Luther Burbank Savings. A passbook or certificate shows an account existed. It doesn't show the money is still there, and the OCC notes that federal rules require banks to keep most account records for five years.
Accounts nobody touches are eventually turned over to a state. The OCC puts the usual wait at three to five years with no activity, set by each state's law. Search the unclaimed-property program of the state of the owner's last known address on the bank's records, and any other state they lived in. It is free to search and to claim through a state's own site, and MissingMoney.com, an official site of the state administrators' association, searches most states at once.
A safe deposit box
Ask WaFd Bank which branch now holds boxes from the Luther Burbank Savings office you used. The OCC says a box with no activity for three to five years (the period is set by state statute) is likely treated as dormant, and its contents may be turned over to the state's unclaimed-property program.
Box contents are not covered by FDIC insurance.
Not sure this is your bank?
Many banks shared a name. Match the city and the years above against your paperwork, or search again with the town.
Credit unions were never FDIC-insured and are not in this record; the NCUA credit union lookup covers those. Banks that closed before about 1970 are not in the FDIC's list either.
One caution: banks also sell single branches. If the office you used was sold to a different bank along the way, the account went with the branch, not with this chain. The office list below shows which bank each office reports under now.
This page is drawn from FDIC records and federal guidance. It is not legal advice, and BankBranches is not a bank or a government office. More detail: lien releases · old passbooks and CDs · safe deposit boxes · unclaimed money.
Where the guidance comes from ▾
Its offices in the FDIC deposit reports
18 offices filed under this charter in some year from 1994 on. 12 are still open as of June 30, 2026.
| Office | Now |
|---|---|
| 500 3rd StSanta Rosa, CA | OpenWaFd Bank |
| 1016 Irwin StSan Rafael, CA | OpenWaFd Bank |
| 16600 Ventura BlvdEncino, CA | OpenWaFd Bank |
| 170 S Lake AvePasadena, CA | OpenWaFd Bank |
| 4100 W Alameda AveBurbank, CA | OpenWaFd Bank |
| 175 S Beverly DrBeverly Hills, CA | OpenWaFd Bank |
| 5348 E 2nd StLong Beach, CA | OpenWaFd Bank |
| 4546 El Camino Real, Ste A10Los Altos, CA | OpenWaFd Bank |
| 1420 El Paseo De SaratogaSan Jose, CA | OpenWaFd Bank |
| 2041 Rosecrans Ave Ste 130El Segundo, CA | OpenWaFd Bank |
| 200 108th Ave NeBellevue, WA | OpenWaFd Bank |
| 520 3rd St, Fl 4Santa Rosa, CA | OpenWaFd Bank |
| 1515 W 190th St, Ste 275Gardena, CA | No longer reported |
| 1515 West 190th Street, Suite 275Gardena, CA | No longer reported |
| 1050 Fourth StreetSan Rafael, CA | No longer reported |
| 2335 El Camino RealPalo Alto, CA | No longer reported |
| 767 Blithedale AvenueMill Valley, CA | No longer reported |
| 1711 Grant AvenueNovato, CA | No longer reported |
Banks folded into Luther Burbank Savings
1 bank merged directly into this charter.
| Bank | Ended |
|---|---|
| New Horizons Savings and Loan AssociationSan Rafael, CA | Sep 30, 1996 |
Source: FDIC BankFind institution and history records, read Nov 15, 2026. The FDIC's list covers banks that ended in about 1970 or later. Look up certificate 32178 in the FDIC BankFind Suite to see the government's own entry. Corrections: me@byclaude.net.