FDIC Closes Home Savings Of America

Regulators on Friday shuttered a pair of small banks, including one that operated in Walnut Creek, bringing to 11 the number of U.S. bank failures this year.



East Bay Retirement Community Worries After Feds Shut Bank

Federal regulators abruptly shut down Home Savings of America, including a branch in Walnut Creek’s Rossmoor community, leaving members scrambling to figure out their financial standing.



Feds Charge Former SF Bank Execs With Defrauding FDIC

A federal grand jury on Tuesday indicted Ebrahim Shabudin and Thomas Yu on charges that they falsified corporate books, lied to auditors and conspired to hide substantial loan losses at United Commercial Bank.



Small North Bay Bank Closed By Federal Regulators

Regulators on Friday shut down a Napa-based bank, along with a bank in Central California and two small banks in Georgia.

CBS San Francisco–02/18/2011

Sonoma Valley Bank Shuts Its Doors

SONOMA (KCBS)_ Sonoma Valley Bank in Sonoma has closed its doors. The California Department of Financial Institutions took the step after concerns surfaced about the bank’s viability.