New City Bank

Status:Inactive as of 03/20/1987
 Absorption - Assisted
Successor Bank:Colonial Bank
Headquarters:New City Bank
200 South Manchester Avenue
, 92668
Established:10/18/1983
FDIC Insurance:10/18/1983
FDIC Cert:#24789
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$26,049,000
Total Deposits:$25,847,000

History

1983-10-18Institution established: Original name:New City Bank
1987-03-20Institution established: Original name:Colonial Bank, National Association (26935)
1987-03-20Failed. Acquired with government financial assistance and subsequently operated as part of Colonial Bank, National Association (26935)
1987-06-01Moved bank headquarters from ORANGE, CA to SANTA ANA, CA
1990-02-16Change trust powers from TRUST POWERS NOT GRANTED to LIMITED TRUST POWERS GRANTED
1994-05-12Closed voluntarily and liquidated its assets.