# CALIFORNIA NATIONAL BANK

> **Failed bank** · LOS ANGELES, CA · failed 2009-10-30 · National commercial bank (OCC-chartered) · FDIC cost $182M

## What happened

CALIFORNIA NATIONAL BANK of LOS ANGELES, CA was closed by the OCC 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:** 3707
- **FDIC Certificate:** 34659
- **FDIC FIN:** 10134
- **Bank name:** CALIFORNIA NATIONAL BANK
- **Location:** LOS ANGELES, 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
- **Estimated FDIC DIF cost:** $182M
- **Deposits at failure:** $6,145M
- **Assets at failure:** $7,781M
- **Acquiring bank:** U.S. BANK, NA (MINNEAPOLIS, MN)

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

- COMMUNITY BANK OF LEMONT (LEMONT, IL) — failed 2009-10-30 — /failed-bank/3708
- MADISONVILLE STATE BANK (MADISONVILLE, TX) — failed 2009-10-30 — /failed-bank/3706
- BANK USA, NA (PHOENIX, AZ) — failed 2009-10-30 — /failed-bank/3705
- PACIFIC NATIONAL BANK (SAN FRANCISCO, CA) — failed 2009-10-30 — /failed-bank/3704
- CITIZENS NATIONAL BANK (TEAGUE, TX) — failed 2009-10-30 — /failed-bank/3703
- SAN DIEGO NATIONAL BANK (SAN DIEGO, CA) — failed 2009-10-30 — /failed-bank/3702
- NORTH HOUSTON BANK (HOUSTON, TX) — failed 2009-10-30 — /failed-bank/3701
- PARK NATIONAL BANK (CHICAGO, IL) — failed 2009-10-30 — /failed-bank/3700
- DOWNEY SAVINGS AND LOAN ASSOCIATION, F.A. (NEWPORT BEACH, CA) — failed 2008-11-21 — /failed-bank/3577
- PFF BANK & TRUST (POMONA, CA) — failed 2008-11-21 — /failed-bank/3576

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, CALIFORNIA NATIONAL BANK (FDIC ID 3707), failed 2009-10-30. Retrieved via AI Analytics 2026-05-18 from https://api.ai-analytics.org/failed-bank/3707.

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