Related Blogs
Bank-Implode! » Blog Archive » United Commercial Bank, San ...
United Commercial Bank, San Francisco, California, was closed today by the California Department of Financial Institutions, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. To protect the depositors, ...
Calculated Risk: Bank Failure #120: United Commercial Bank, San ...
United Commercial Bank is the 120th FDIC-insured institution to fail in the nation this year, and the 14th in California. The last FDIC-insured institution closed in the state was Pacific National
Bank, San Francisco, which closed on ...
United Commercial Bank
The San Francisco based
United Commercial Bank to reopen Saturday as branches of the East West
Bank after it was closed by regulators on Friday and.
Regulators seize California bank that received $298.7 million ...
To protect
United Commercial depositors and clients, including hundreds served by branches in Sacramento and Citrus Heights, the FDIC entered into a simultaneous agreement with Pasadena-based East West
Bank to assume all of
United ...
Bank Failure Friday Fells a 'Healthy Bank' Bailout Recipient ...
United Commercial Bank of San Francisco goes under after getting $299 million in TARP money....
Bank Deals - Best Rates and Deals: Five Banks Fail including ...
East West
Bank not only assumed all deposits of
United Commercial Bank, but it has agreed to continue to honor interest rates. The CD rates will remain the same through to maturity. I had posted on
United Commercial Bank's high CD rates ...