First Vietnamese American Bank (FVAB) stock trading at pennies.

First Vietnamese American Bank (FVAB) stock trading at pennies. The last trade was at 20 cents on July 29, 2010. With bids at the 2-3 cent range, and the bank with 1.5125 million shares outstanding, it seems that investors are valuing First Vietnamese American Bank at about $30,000 or the price of a 4 door car.

With losses mounting, senior management of First Vietnamese American Bank begin to leave

With losses mounting and the second quarter report of the banks performance only days away from being published, the names of some senior management have disappeared from the First Vietnamese American Banks website. The latest name to disappear was the CFO.