State Closes Alliance Bank (San Francisco, CA) – The California Department of Financial Institutions (DFI) announced today that it has closed Alliance Bank, citing inadequate capital. Immediately following the closure, the DFI named the Federal Deposit Insurance... Read MoreRead more about State Closes Alliance Bank
State Closes County Bank (San Francisco, CA) – The California Department of Financial Institutions (DFI) announced today that it has closed County Bank, citing inadequate capital. Immediately following the closure, the DFI named the Federal Deposit Insurance... Read MoreRead more about State Closes County Bank
Monthly BulletinVolume 12, Issue 8 – February 2009Liquidation of Alliance BankOn February 6, 2009, the Commissioner of Financial Institutions took possession of Alliance Bank and ordered that it be liquidated. The Commissioner then appointed the Federal Deposit... Read MoreRead more about DFI Monthly Bulletin – February 2009