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Umpqua Bank were working today to get the seized Bank of Clark County ready for business on Tuesday. Roberta Valdez said officials were continuing to go through the books to sort out assets and liabilities. A private meeting with employees of the Bank...
Tags: Bank of Clark County, seized bank
The Washington state Department of Financial Institutions has closed the Vancouver-based Bank of Clark County because of inadequate capital and liquidity...The Federal Deposit Insurance Corp. became the bank's receiver. The bank will reopen on Tuesday...
Tags: Bank of Clark County, deposit insured, Federal Deposit Insurance Corp., insured corp, Washington Mutual, umpqua banks, inadequate capital, Umpqua Bank, regulators close, based banks