Desert Empire Bank

California – Riverside – Cathedral City

(NM) Commercial bank, state charter and Fed nonmember

inactive

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Details

(NM) Commercial bank, state charter and Fed nonmember

inactive

21229

1973

FDIC Certificate Number: 21229
FDIC's unique number: 14681
The FDIC Field Office where an institution is physically located: Orange

Federal Reserve ID Number: 499798
Report Date: 1979-12-31

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

1973-10-01 Institution established. Original name: Desert Empire Bank.
1980-03-28 Merged into and subsequently operated as part of Commonwealth Bank in Hawthorne, 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: $7,634,000
Total deposits: $6,528,000
Last updated on: 2011-10-20

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Profile ID: LFUS-BAB-P-27006

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