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On Friday, October 30, 2009, California
National Bank was closed by the Office of the Comptroller of the Currency, and the Federal Deposit Insurance Corporation (FDIC) was named Receiver. All deposits and branches were transferred to
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acquired
Torrance Bank. Two years later, FBOP acquired five branches of Topa Savings and Topa Thrift, establishing California National Bank.
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As Cal
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385:"Failed Bank Information - Information for California National Bank, Los Angeles, CA"
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By 2009, Cal
National had grown to 68 branches throughout Southern California.
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339:-- becoming a primary cause of Cal National's failure.
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area between 1996 and 2009. The bank was closed by the
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301:Cal National Bank originally began in 1996 when
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287:Office of the Comptroller of the Currency
109:Learn how and when to remove this message
277:, was an American consumer and business
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289:after financial issues caused by the
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617:U.S. Bank Building (Davenport, Iowa)
47:adding citations to reliable sources
16:American consumer and business bank
718:Defunct banks of the United States
703:Bank failures in the United States
365:List of largest U.S. bank failures
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399:"Big L.A. bank is latest to fail"
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34:needs additional citations for
556:First National Bank of Dubuque
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627:U.S. Bank Plaza (Minneapolis)
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708:Banks disestablished in 2009
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597:U.S. Bank Tower (Sacramento)
152:; 28 years ago
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632:U.S. Bank Center (Seattle)
592:U.S. Bank Center (Phoenix)
561:Marquette Bank Minneapolis
186:October 30, 2009
698:Banks established in 1996
688:Banks based in California
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566:Mercantile Bancorporation
493:Notable former executives
422:Archived official website
607:U.S. Bank Tower (Denver)
329:subprime mortgage crisis
291:subprime mortgage crisis
271:California National Bank
122:California National Bank
612:U.S. Bank Plaza (Boise)
576:Star Banc Corporation
519:Historical components
43:improve this article
622:U.S. Bancorp Center
546:Firstar Corporation
387:. FDIC. 2009-10-30.
283:Southern California
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58:"Cal National Bank"
510:John F. Grundhofer
141:Financial services
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405:. 2009-10-31.
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258:.calnational
206:Headquarters
127:Company type
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99:January 2008
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41:Please help
36:verification
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337:Freddie Mac
211:Los Angeles
163:Los Angeles
682:Categories
536:EurekaBank
371:References
333:Fannie Mae
190:2009-10-30
167:California
69:newspapers
585:Buildings
571:MoneyPass
474:U.S. Bank
467:Divisions
322:U.S. Bank
293:of 2008.
241:Archived
228:Mortgages
343:See also
297:Overview
246:.archive
224:Products
137:Industry
666:Commons
484:Syncada
238:Website
232:Banking
188: (
183:Defunct
173:Founder
155: (
147:Founded
83:scholar
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479:Elavon
254:/http:
201:Failed
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256://www
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76:books
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279:bank
260:.com
250:/web
248:.org
198:Fate
157:1996
150:1996
131:Bank
62:news
244:web
161:in
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