Volume 10, Number 11

Catherine Nahnsen-Robison Promoted to Financial Institution Manager

Catherine Nahnsen-Robison was promoted to Financial Institutions Manager for the San Diego / Orange
County region effective May 16, 2007. Ms. Nahnsen-Robison joined the California State Banking
Department in 1984 as a Bank Examiner in the Los Angeles Office. She was promoted to Senior
Examiner in 1991 and to Financial Institutions Supervisor in 1999. Ms. Nahnsen-Robison holds a
Bachelor of Science degree in Business Administration with an emphasis on management and finance, a
Bachelor of Arts degree in psychology, and a Masters degree in Accountancy; all from California State
University, Northridge. In addition, she has been an instructor for the Conference of State Bank
Supervisors, has passed the CPA exam and is a Certified Examinations Manager
Annual Fee Reminder
Invoices for 2007-08 Fiscal Year due July 1, 2007
The following institution types are reminded that annual fees are due in this office on or before July 1,
2007.
DFI calculated annual fees from its database and mailed invoices based on that calculation to fee payers.
Fee payers will again have the option of paying by electronic funds transfer (EFT) in the form of an
automated clearing house (ACH) (CCD or CTX payment format). Instructions for making payment are
provided in the cover letter that accompanies the invoice.
2 Monthly Bulletin May 2007
Representative offices of foreign (other nation) banks
The annual representative license fee for fiscal year 2007-08 is due on or before July 1, 2007. The fee,
as outlined in Section 1702(i) of the California Financial Code, is $250.00 for each California
representative office of a foreign (other nation) bank doing business as of June 1, 2007. Invoices were
mailed June 1 and must be paid on or before July 1. Fee payers that do not concur with the calculated
amounts have until Monday, June 18 to request recalculation or adjustment of the amount. DFI will not
entertain any requests received after that date. Those foreign (other nation) banks which also maintain
agency or branch offices in California are not subject to this fee. For questions about fees, call (415)
263-8559 or e-mail Patrick Carroll at pcarroll@dfi.ca.gov.
Transmitters of money abroad
The annual fees for fiscal year 2007-08 are due on or before July 1, 2007. The fees, as outlined in
Section 1801(a) of the California Financial Code, are: $2,500.00 for each transmitter of money abroad
license; $125.00 for each licensee branch office; $25.00 for each agent headquarters office, and $25.00
for each agent branch office. Invoices were mailed May 4 and must be paid on or before July 1. For
questions about fees call (415) 263-8542 or e-mail Meli Brown at mbrown@dfi.ca.gov.
Business and Industrial Development Corporation (BIDCO)
The annual license fee for fiscal year 2007-08 is due on or before July 1, 2007. The fee, as outlined in
Section 31115(a)(6), is $2,000.00 for each BIDCO doing business as of June 1, 2007. Invoices were
mailed June 1 and must be paid on or before July 1. For questions about fees, call (415) 263-8559 or email Patrick Carroll at pcarroll@dfi.ca.gov.
Commercial Bank Activity
New Bank
Golden Coast Bank
850 Long Beach Boulevard, Long Beach, Los Angeles County
(562) 216-6388
(562) 216-6399 (fax)
Officers: William T. C. Lu, President and Chief Executive Officer
Danny Y. Lau, Executive Vice President and Chief Financial Officer
Thomas A. Cowan III, Executive Vice President and CCO
Capitalization: $12,013,140.00
Website: http://www.goldencoastbank.com
Opened: 5/7/07
3 Monthly Bulletin May 2007
New Bank (Continued)
Partners Bank of California
27101 and 27201 Puerta Real, Mission Viejo, Orange County
Correspondent : Jeffrey Rigsby
President and Chief Executive Officer
Community Bank Ventures
10200 Rancho Viejo Road, Suite C
San Juan Capistrano, CA 92675
(949) 542-8550
Approved: 5/14/07
SoCal Interim Bank
199 South Los Robles Avenue, Pasadena, Los Angeles County
Correspondent: John F. Stuart
Reitner, Stuart & Moore
1319 Marsh Street
San Luis Obispo, CA 93401
(805) 545-8590
(In connection with the merger of Professional Business Bank, Pasadena, with and into SoCal Interim
Bank, Pasadena)
Approved: 5/3/07
Conversion to State Charter
Pacific Commerce Bank, N.A., Los Angeles, to convert from national charter under the name of Pacific
Commerce Bank
Filed: 4/30/07
Merger
Desert Community Bank, Victorville, to merge with and into East West Bank, Pasadena
Filed: 5/9/07
Diablo Valley Bank, Danville, to merge with and into Heritage Bank of Commerce, San Jose
Filed: 4/27/07
Approved: 5/31/07
First Coastal Bank, National Association, Manhattan Beach, to merge with and into Citizens Business
Bank, Ontario
Approved: 5/16/07
Mid-State Bank & Trust, Arroyo Grande, to merge with and into Rabobank, N.A., El Centro
Effected: 4/30/07
The Chinese American Bank, New York, New York, to merge with and into United Commercial Bank,
San Francisco, California
Effected: 5/23/07
4 Monthly Bulletin May 2007
Acquisition of Control
1st Pacific Bancorp, to acquire control of 1st Pacific Bank of California
Effected: 11/7/06
First California Financial Group, to acquire control of First California Bank
Effected: 12/22/06
Founders Bancorp to acquire control of Founders Community Bank
Filed: 4/13/07
Approved: 5/10/07
Pacific City Financial Corporation, to acquire control of Pacific City Bank
Approved: 5/3/07
Effected: 5/3/07
Redwood Capital Bancorp to acquire control of Redwood Capital Bank
Effected: 3/2/07
Purchase of Whole Business Unit
First California Bank, Camarillo to purchase the whole business unit of Mercantile National Bank, Los
Angeles
Filed: 4/17/07
First California Bank, Camarillo, to purchase the whole business unit of South Bay Bank, N.A.,
Torrance
Filed: 5/8/07
Premium Finance Company Activity
New Premium Finance Company
Charleston Premium Finance of California, Inc.
540 N. Golden Circle Drive, Santa Ana, Orange County
Filed: 5/21/07
Evergreen Premium Finance Corp.
2501 E. Chapman Avenue, Fullerton, Orange County
Opened: 5/29/07
Fulcrum Capital Strategies, Inc.
202 North Canon Drive, Beverly Hills, Los Angeles County
Opened: 5/3/07
5 Monthly Bulletin May 2007
Acquisition of Control
International General Agency, Inc., to acquire control of Advance Premium Finance, Inc.
Effected: 2/28/07
Prime Rate Premium Finance Corporation, Inc., to acquire control of AFCO Credit Corporation, Parent
Company of AFCO Acceptance Corp.
Approved: 9/28/06
Effected: 9/29/06
Voluntary Surrender of License
American Premium Finance, Inc.
5 Oldfield, Irvine, Orange County
Effected: 5/29/07
Industrial Bank Activity
Conversion to State Charter
Tustin Community Bank, Tustin, to convert to a state-chartered commercial bank
Approved: 5/25/07
Trust Company Activity
Acquisition of Control
The Bank of New York Mellon Corporation, to acquire control of Mellon Trust of California
Filed: 3/30/07
Approved: 5/25/07
Foreign (Other Nation) Bank Activity
New Office
Intesa Sanpaolo S.p.A.
City and County of Los Angeles (Representative Office)
Filed: 5/2/07
Lloyds TSB Offshore Limited
1800 Century Park East, City and County of Los Angeles (Representative Office)
Opened: 5/1/07
6 Monthly Bulletin May 2007
Credit Union Activity
Field of Membership
One credit union received approvals to add two new fields of membership during April 2007.
Variance
One credit union received approval for request for variance to sections of the California Code of
Regulations during April 2007.
Merger
California’s First Federal Credit Union, Garden Grove, to merge with and into California Agribusiness
Credit Union, Buena Park
Filed: 5/1/07
Knudsen Federal Credit Union, City of Industry, to merge with and into California Agribusiness Credit
Union, Buena Park
Filed: 5/1/07
Raincross Credit Union, Riverside, to merge with and into Visterra Credit Union, Moreno Valley
Effected: 4/13/07
Santa Fe First Federal Credit Union, Fresno, to merge with and into Valley First Credit Union, Modesto
Approved: 2/16/07
Effected: 4/30/07
Transmitter of Money Abroad Activity
New Transmitter of Money Abroad
Coinstar E-Payment Services, Inc.
Filed: 4/19/07
Approved: 5/15/07
Pronto Money Transfer Inc.
Approved: 5/2/07
Viamericas Corporation
Approved: 5/14/07
7 Monthly Bulletin May 2007
Acquisition of Control
Servicio UniTeller, to acquire control of Motran Services, Inc.
Filed: 5/1/07
MICHAEL A. KELLEY
Commissioner of Financial Institutions
Bulletin for Month ended
May 2007, issued pursuant
to Financial Code section 258
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