California – Riverside – Cathedral City
(NM) Commercial bank, state charter and Fed nonmember
inactive
California
Riverside
Cathedral City
(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
No affiliations
No associations
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Profile ID: LFUS-BAB-P-27006