Valley Merchants Bank

Status:Inactive as of 08/31/2000
 Merger - Without Assistance
Successor Bank:Business Bank of California
Headquarters:Valley Merchants Bank
800 East Florida Avenue
Hemet, CA 92543
Established:07/05/1990
FDIC Insurance:07/05/1990
FDIC Cert:#33004
Charter Class:Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Total Assets:$58,606,000
Total Deposits:$50,812,000

History

1990-07-05Institution established: Original name:Valley Merchants Bank, National Association
2000-08-31Merged into and subsequently operated as part of Business Bank of California (25070) in SAN BERNARDINO, CA
2001-09-20Changed primary regulatory agency from COMPTROLLER OF THE CURRENCY to FEDERAL RESERVE BOARD
2001-09-20Changed institution class to INSURED COMMERCIAL OR SAVINGS BANKS, STATE, MEMBERS FRS
2002-01-01Acquired Metro Commerce Bank (32720) in SAN RAFAEL, CA
2004-01-16Merged into and subsequently operated as part of Union Bank of California, National Association (22826) in SAN FRANCISCO, CA
2004-10-28Acquired Jackson Federal Bank (28653) in FULLERTON, CA
2008-12-18Changed name to Union Bank, National Association (22826)
2009-09-24Acquired Texas First Bank - Winnie (18046) in DALLAS, TX
2010-04-16Acquired Tamalpais Bank (33493) in SAN RAFAEL, CA as part of a government assisted transaction.
2010-04-30Acquired Frontier Bank (22710) in EVERETT, WA as part of a government assisted transaction.
2012-12-03Acquired Santa Barbara Bank & Trust, National Association (18169) in SANTA BARBARA, CA
2014-07-01Changed name to MUFG Union Bank, National Association (22826)

Financial Information (1999-12-31 and Older)