Saturday, May 08, 2010 11:04:30 AM
In November, 2009, United Commercial Bank, based in San Francisco, CA was closed by the California Department of Financial Institutions, and the FDIC was named Receiver. No advance notice was given (not abnormal in bank closings like this). All deposit accounts, excluding certain brokered deposits, were transferred to East West Bank, based in Pasadena, CA.
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