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Fbop Corp - Politics, Business, Civil, History - Posted: 31st Oct, 2009 - 12:06pm
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San Diego National - Bank Takeover
Post Date: 31st Oct, 2009 - 12:06pm / Post ID: #
NOTE: News [?]
Fbop Corp.
Feds seize parent of San Diego National
Federal regulators yesterday seized the parent company of San Diego National Bank, making it the largest local bank to fail during the nation's financial crisis. The Federal Deposit Insurance Corp. Took over FBOP Corp., parent of San Diego National and eight other banks across the country, and sold the assets to U.S. Bank in Minneapolis, a division of US Bancorp. Ref. Source 5
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TOPIC: Fbop Corp.