1st COMMERCE BANK Failed 2013
What happened
1st COMMERCE BANK of NORTH LAS VEGAS, NV was closed on 2013-06-06. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to PLAZA BANK (IRVINE, CA). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 4048
- FDIC Certificate
- 58358
- FDIC FIN
- 10482
- Bank name
- 1st COMMERCE BANK
- Location
- NORTH LAS VEGAS, NV
- Failure date
- 2013-06-06
- FDIC resolution date
- 2013-06-06
- 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.)
- $5M
- Deposits at failure
- $20M
- Assets at failure
- $20M
- Acquiring bank
- PLAZA BANK (IRVINE, CA)
Other banks PLAZA BANK acquired in FDIC resolutions