# PLACER BANK OF COMMERCE

> **Failed bank** · ROSEVILLE, CA · failed 1992-03-27 · State commercial bank, Federal Reserve member · FDIC cost $5M

## What happened

PLACER BANK OF COMMERCE of ROSEVILLE, CA was closed by state regulators on **1992-03-27**. The FDIC was named receiver.

**Resolution:** Purchase & Assumption — acquiring bank assumed deposits + bought assets

Deposits were transferred to **AMERICAN RIVER BANK** (SACRAMENTO, CA). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3299
- **FDIC Certificate:** 24633
- **FDIC FIN:** 4469
- **Bank name:** PLACER BANK OF COMMERCE
- **Location:** ROSEVILLE, CA
- **Failure date:** 1992-03-27
- **FDIC resolution date:** 1992-03-27
- **Charter type:** State commercial bank, Federal Reserve member
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $5M
- **Deposits at failure:** $33M
- **Assets at failure:** $35M
- **Acquiring bank:** AMERICAN RIVER BANK (SACRAMENTO, CA)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=PLACER%20BANK%20OF%20COMMERCE

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, PLACER BANK OF COMMERCE (FDIC ID 3299), failed 1992-03-27. Retrieved via AI Analytics 2026-05-17 from https://api.ai-analytics.org/failed-bank/3299.

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