United Commercial Bank is shut down, sold to East West Bancorp
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- News Source: Contra Costa Times | about 1 month ago11/06/2009 07:41:22 PM PST Updated: 11/06/2009 07:46:23 PM PST United Commercial Bank, a Bay Area bank with branches in the East Bay and South Bay has been seized by regulators, who turned over the bank's assets to East West Bank.
- News Source: Los Angeles Times | about 1 month agoThe combination also will be the largest bank based in Southern California, surpassing City National Bancorp. No depositors will lose money in the failure of United Commercial, the Federal Deposit Insurance Corp. said. The bank's 63 U.S. branches,...
- Blog Source: www.calculatedriskblog.comUnited Commercial Bank is the 120th FDIC-insured institution to fail in the nation this year, and the 14th in California. The last FDIC-insured institution closed in the state was Pacific National Bank, San Francisco, which closed on ...
- Blog Source: www.cehwiedel.comUnited Commercial Bank, San Francisco, California, was closed today by the California Department of Financial Institutions, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. To protect the depositors, ...
- Blog Source: www.washingtonexaminer.comThe Federal Deposit Insurance Corp. took over United Security Bank, based in Sparta, Ga., with $157 million in assets and $150 million in deposits, and Home Federal Savings Bank in Detroit, with $14.9 million in assets and $12.8 million in deposits. .
- Blog Source: www.sfexaminer.comRegulators on Friday shut United Security Bank, a small bank in Georgia, bringing the number of bank failures this year to 116 amid the struggling economy and a cascade of defaults on loans.
- Blog Source: www.zerohedge.comUnited Commercial Bank, San Francisco, CA with approximately $11.2 billion in assets and approximately $7.5 billion in deposits was closed. East West Bank, Pasadena, CA has agreed to assume all deposits, excluding certain brokered ...
- Blog Source: www.propertywala.com... Punjab National Bank Saadat Gunj (Bank Of India (Commercial Bank (Bank Of India (Bank (Bank Of India (United Commercial Bank (<4km) ...
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@JulieBanderas @koolout7 they came out of the commercial too soon ;)
about 1 month ago -
@stevebruskCNN Large San Francisco bank fails. 120th bank closing of the year, and the 5th largest
about 1 month ago -
@francineorr United Commercial Bank seized, sold to East West Bank
about 1 month ago -
@stevebruskCNN 2 more bank failures tonght as FDIC closes institutions in Missouri and Minnesota. Total for year now 119.
about 1 month ago -
@FromCarl Today's bank failure comes to you from Sparta GA: http://bit.ly/4DztjK
about 1 month ago
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