VINEYARD BANK, NATIONAL ASSOCIATION Failed 2009
What happened
VINEYARD BANK, NATIONAL ASSOCIATION of RANCHO CUCAMONGA, CA was closed on 2009-07-17. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to CALIFORNIA BANK & TRUST (SAN DIEGO, CA). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 3647
- FDIC Certificate
- 23556
- FDIC FIN
- 10083
- Bank name
- VINEYARD BANK, NATIONAL ASSOCIATION
- Location
- RANCHO CUCAMONGA, CA
- Failure date
- 2009-07-17
- FDIC resolution date
- 2009-07-17
- Charter type
- National commercial bank (OCC-chartered)
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $279M
- Deposits at failure
- $1,526M
- Assets at failure
- $1,638M
- Acquiring bank
- CALIFORNIA BANK & TRUST (SAN DIEGO, CA)