GRANITE COMMUNITY BANK, NATIONAL ASSOCIATION Failed 2010
What happened
GRANITE COMMUNITY BANK, NATIONAL ASSOCIATION of GRANITE BAY, CA was closed on 2010-05-28. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to TRI COUNTIES BANK (CHICO, CA). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 3809
- FDIC Certificate
- 57315
- FDIC FIN
- 10244
- Bank name
- GRANITE COMMUNITY BANK, NATIONAL ASSOCIATION
- Location
- GRANITE BAY, CA
- Failure date
- 2010-05-28
- FDIC resolution date
- 2010-05-28
- Charter type
- National commercial bank (OCC-chartered)
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $13M
- Deposits at failure
- $94M
- Assets at failure
- $103M
- Acquiring bank
- TRI COUNTIES BANK (CHICO, CA)
Other banks TRI COUNTIES BANK acquired in FDIC resolutions