Commonwealth Bank

Details Commonwealth Bank Commonwealth Bank

California

Los Angeles

Torrance

(NM) Commercial bank, state charter and Fed nonmember

inactive

22026

1975

FDIC Certificate Number: 22026
FDIC's unique number: 15282
The FDIC Field Office where an institution is physically located: Los Angeles (West)

Federal Reserve ID Number: 195960
Report Date: 1987-06-30

Bank Charter Class: NM
The date of the last data update: 1990-10-04

1975-06-02 Institution established. Original name: Commonwealth Bank.
1980-03-28 Acquired Desert Empire Bank in Cathedral City, California.
1982-04-29 Acquired Pacific Coast Bank in San Diego, California.
1982-08-27 Acquired Western National Bank in Santa Ana, California.
1983-02-14 Moved bank headquarters from Hawthorne, California to Torrance, California.
1987-09-25 Merged with government financial assistance and subsequently operated as part of Capital Bank of California in Los Angeles, California.
1993-06-18 Failed. No active institution received any of its deposits or its assets.

Total assets: $85,059,000
Total deposits: $83,784,000
Last updated on: 2011-10-20

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Profile ID: LFUS-BAB-P-24400