Feds seize parent of San Diego National (San Diego Union-Tribune)
Posted on October 31, 2009
Filed Under san diego window cleaning |
Federal regulators yesterday seized the parent company of San Diego Window Cleaning 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 Window Cleaning National and eight other banks across the country, and sold the assets to U.S. Bank in Minneapolis, a division of US Bancorp.
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