On December 11, 2009, Valley Capital Bank, National Association (Valley Capital Bank, N.A.), Mesa, AZ was closed by the Office of the Comptroller of the Currency, and the Federal Deposit Insurance Corporation (FDIC) was named Receiver.
December 11, 2009: Valley Capital Bank, N.A., Mesa, AZ was closed by the Office of the Comptroller of the Currency. The Federal Deposit Insurance Corporation was named receiver, and subsequently entered into a purchase and assumption agreement with Enterprise Bank & Trust, Clayton, Missouri, to assume all of the deposits.
NOT FOR PUBLICATION UNITED STATES COURT OF APPEALS FOR THE NINTH CIRCUIT FEDERAL DEPOSIT INSURANCE CORPORATION, as Receiver for Valley Capital Bank, N.A., a National
WASHINGTON — The Office of the Comptroller of the Currency (OCC) today appointed the Federal Deposit Insurance Corporation (FDIC) as receiver for Valley Capital Bank, National Association, Mesa, Arizona.
The Federal Deposit Insurance Corporation (FDIC) is an independent agency created by the U.S. Congress to maintain stability and public confidence in the nation's financial system by insuring deposits, examining and supervising financial institutions for safety and soundness and consumer protection, and managing receiverships.
The Federal Deposit Insurance Corporation (FDIC) is a United States government corporation providing deposit insurance to depositors in U.S. commercial banks and savings institutions. The FDIC was created by the 1933 Banking Act , enacted during the Great Depression to restore trust in the American banking system.
appeal was fully briefed, the Federal Deposit Insurance Corporation was appointed Receiver for Southeast Bank, N.A., and this case was removed to the United States District Court for the Southern District of Florida.
A national bank is a financial institution chartered and regulated by the Office of the Comptroller of the Currency. National Banks typically have the words “national” or “national association” in their titles, or the letters “N.A.” or “NT&SA” in their names.
Vineyard Bank, National Association, Rancho Cucamonga, California, was closed today by the Office of the Comptroller of the Currency, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver.