OneWest Bank is a federal savings bank with 82 retail branches in southern California and approximately $14 billion in deposits as of February 2010.In March 2009, OneWest purchased many assets from the Independent National Mortgage Corporation, more commonly known as IndyMac, after IndyMac filed for Chapter 7 bankruptcy.   OneWest Bank, FSB provides personal and commercial banking products and services in California. It offers savings, money market, and IRA account options, as well as checking accounts and certificates of deposit. The company also provides lending services, such as mortgages, refinance loans, and purchase loans, as well as online banking services. It serves credit unions, banks, trust companies, financial planners, self trustee retirement plans, home owners associations, not for profit/profit businesses, and foundations. The company was founded in 2009 and is based in Pasadena, California. OneWest Bank, FSB operates as a subsidiary of One West Bank Group LLC.