• Font Size    
E-mail

Close Window E-mail This Page

Vineyard Bank Shut Down By Regulators

Required fields are marked with an asterisk(*)

The information you provide will be used only to send the requested e-mail and will not be used to send any other e-mail communications. Read more in our Privacy Policy

Send E-mail

   Print     Share +   
Jul 17, 2009 10:00 pm US/Pacific

Vineyard Bank Shut Down By Regulators

LOS ANGELES (CBS) ― Government regulators shut down Vineyard Bank Friday and will reopen its branches as branches of California Bank & Trust.

Vineyard Bank had seven branches in Los Angeles County and one in Irvine.

Vineyard depositors will automatically become customers of California Bank & Trust and continue to be insured by the FDIC.

Vineyard depositors can still access their money by writing checks or using automated teller machines or debit cards.

Vineyard Bank was the 57th FDIC-insured institution to fail in the nation this year, and the eighth in California.

Customers with questions about the closures can call the FDIC at (800) 900-5170 between 9 a.m. and 6 p.m. Saturday, noon to 6 p.m. Sunday and 8 a.m. to 8 p.m. weekdays.

Vineyard Bank's 16 branches included those in Covina, Diamond Bar, Irwindale, La Verne, Manhattan Beach, San Dimas and Walnut.

(© 2008 CBS Broadcasting Inc. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. Wire services contributed to this report.)

© MMIX, CBS Broadcasting Inc. All Rights Reserved.