Calif. bank becomes 99th in US to be shut in 2009

Regulators shut down San Joaquin Bank in California on Friday, marking the 99th failure this year of a federally insured bank. The Federal Deposit Insurance Corp. was appointed receiver of San Joaquin Bank, based in Bakersfield, Calif. It had $775 million in…

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Federal Deposit Insurance Corporation - California - Bank - Business - San Joaquin

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Calif. bank becomes 99th in US to be shut in 2009