On Friday, February 19, 2010, the Office of Thrift Supervision closed La Jolla Bank, FSB, and La Jolla, CA. Subsequently, receiver named the Federal Deposit Insurance Corporation (FDIC). When a financial institution is closed, no advance notice is given to the public. All deposit accounts have been transferred to OneWest Bank, FSB, Pasadena, CA. Useful information regarding your relationship with La Jolla Bank, FSB has been collected by the FDIC. You may have Certificates of Deposit, a business checking account, a Social Security direct deposit, and other relationships with the institution, besides a checking account.
Offices of La Jolla Bank were located in California and Texas, with loan production offices in California, Arizona and New York. It was established in 1985, and headquarters is in Rancho Santa Fe, California. 10 branch offices plus additional loan offices are operated for your convenience by them. They are an equal opportunity lender.
The Federal Deposit Insurance Corporation (FDIC) insures all accounts up to $250,000 (expiring 12/31/13). The Federal Deposit Insurance Corporation (FDIC) is an agency of the United States government. La Jolla Bank is participating in the FDIC's Transaction Account Guarantee Program. Through December 31, 2009, the FDIC guarantees all noninterest-bearing transaction accounts for the entire amount in the account, under Transaction Account Guarantee Program.
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