TAMALPAIS BANK Failed 2010
What happened
TAMALPAIS BANK of SAN RAFAEL, CA was closed on 2010-04-16. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to UNION BANK, NATIONAL ASSOCIATION (SAN FRANCISCO, CA). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 3781
- FDIC Certificate
- 33493
- FDIC FIN
- 10217
- Bank name
- TAMALPAIS BANK
- Location
- SAN RAFAEL, CA
- Failure date
- 2010-04-16
- FDIC resolution date
- 2010-04-16
- Charter type
- State commercial bank, non-Federal Reserve member (FDIC-supervised)
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $0M
- Deposits at failure
- $457M
- Assets at failure
- $612M
- Acquiring bank
- UNION BANK, NATIONAL ASSOCIATION (SAN FRANCISCO, CA)
Other banks UNION BANK, NATIONAL ASSOCIATION acquired in FDIC resolutions