Borrego Springs Bank
Status: | Inactive as of 03/01/2013 |
Merger - Without Assistance | |
Successor Bank: | Sterling Savings Bank |
Headquarters: | Borrego Springs Bank 7777 Alvarado Road, Suite 515 La Mesa, CA 91942 |
Established: | 11/01/1982 |
FDIC Insurance: | 11/01/1982 |
FDIC Cert: | #24080 |
Charter Class: | Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) |
Total Assets: | $141,708,000 |
Total Deposits: | $121,075,000 |
History
1982-11-01 | Institution established: Original name:Borrego Springs Bank | |
1996-12-24 | Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to COMPTROLLER OF THE CURRENCY | |
1996-12-24 | Changed name to Borrego Springs Bank, National Association | |
2005-05-12 | Moved bank headquarters from BORREGO SPRINGS, CA to LA MESA, CA | |
2013-03-01 | Merged into and subsequently operated as part of Sterling Savings Bank (32158) in SPOKANE, WA | |
2013-10-01 | Acquired Commerce National Bank (57566) in NEWPORT BEACH, CA | |
2014-04-18 | Merged into and subsequently operated as part of Umpqua Bank (17266) in ROSEBURG, OR |