US bank regulators close Pacific Coast National

Fri Nov 13, 2009 8:23pm EST
 
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WASHINGTON, Nov 13 (Reuters) - Bank regulators closed Pacific Coast National Bank of San Clemente, California, on Friday.

The Federal Deposit Insurance Corp said Pacific Coast National Bank had total assets of $134.4 million and total deposits of about $130.9 million.

Sunwest Bank of Tustin, California, will assume all of the deposits of Pacific Coast National Bank, the FDIC said. (Reporting by Christopher Doering; Editing by Gary Hill)

 

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