On Friday, November 5, 2010, First Vietnamese American Bank, Westminster, CA was closed by the California Department of Financial Institutions, and the Federal Deposit Insurance Corporation (FDIC) was named Receiver. No advance notice is given to the public when a financial institution is closed.
Read more at: http://fdic.gov/news/news/press/2010/pr10245.html
The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $9.6 million
Showing posts with label California FDIC First Vietnamese American Bank FVAB bankrupt failure Democrat Republican Tea Party Orange County Westminster Innovative Masih Madani OPUS. Show all posts
Showing posts with label California FDIC First Vietnamese American Bank FVAB bankrupt failure Democrat Republican Tea Party Orange County Westminster Innovative Masih Madani OPUS. Show all posts
Friday, November 5, 2010
Subscribe to:
Posts (Atom)