The present invention provides a site assembled swimming pool comprising a plurality of upstanding staves arranged in side by side relation and held together by upper and lower L-shaped rails, a coping extending entirely around and in releasably secured relation to the rails that fasten the upper edges of the staves together, and a flexible liner and cover releasably secured to the coping. The wooden staves include opposing vertical edges one of which includes a modified tongue and the other of which includes a groove. When assembled, the tongue of one stave engages the groove of the adjacent stave, thereby interconnecting the two staves.