# CANYON NATIONAL BANK

> **Failed bank** · PALM SPRINGS, CA · failed 2011-02-11 · National commercial bank (OCC-chartered) · FDIC cost $16M

## What happened

CANYON NATIONAL BANK of PALM SPRINGS, CA was closed by the OCC on **2011-02-11**. The FDIC was named receiver.

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

Deposits were transferred to **PACIFIC PREMIER BANK** (COSTA MESA, CA). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3907
- **FDIC Certificate:** 34692
- **FDIC FIN:** 10340
- **Bank name:** CANYON NATIONAL BANK
- **Location:** PALM SPRINGS, CA
- **Failure date:** 2011-02-11
- **FDIC resolution date:** 2011-02-11
- **Charter type:** National commercial bank (OCC-chartered)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $16M
- **Deposits at failure:** $205M
- **Assets at failure:** $211M
- **Acquiring bank:** PACIFIC PREMIER BANK (COSTA MESA, CA)

## Other banks PACIFIC PREMIER BANK has acquired in FDIC resolutions

- PALM DESERT NATIONAL BANK (PALM DESERT, CA) — failed 2012-04-27 — /failed-bank/4000

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, CANYON NATIONAL BANK (FDIC ID 3907), failed 2011-02-11. Retrieved via AI Analytics 2026-05-16 from https://api.ai-analytics.org/failed-bank/3907.

---

*[FDIC failures dataset](/datasets/fdic-failures) · CC0 1.0*