SAN DIEGO NATIONAL BANK Failed 2009

SAN DIEGO, CA · National commercial bank (OCC-chartered) · view on FDIC BankFind ↗

What happened

SAN DIEGO NATIONAL BANK of SAN DIEGO, CA was closed on 2009-10-30. The FDIC was named receiver.

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

Deposits were transferred to U.S. BANK, NA (MINNEAPOLIS, MN). Customers became depositors of the acquiring bank automatically.

Key facts

FDIC ID
3702
FDIC Certificate
23594
FDIC FIN
10135
Bank name
SAN DIEGO NATIONAL BANK
Location
SAN DIEGO, CA
Failure date
2009-10-30
FDIC resolution date
2009-10-30
Charter type
National commercial bank (OCC-chartered)
Resolution type
Purchase & Assumption — acquiring bank assumed deposits + bought assets
FDIC DIF cost (est.)
$36M
Deposits at failure
$2,892M
Assets at failure
$3,595M
Acquiring bank
U.S. BANK, NA (MINNEAPOLIS, MN)

Other banks U.S. BANK, NA acquired in FDIC resolutions