Each depositor insured to at least $250,000 per insured bank

Account(s): What about my account with Vineyard Bank, National Association?

With the exception of Cede & Co brokered deposits discussed below, your Vineyard Bank, National Association account is now with California Bank & Trust, based in San Diego, California. All such accounts, which include Checking, Savings, Money Market, CDs and Retirement accounts, have been transferred to California Bank & Trust, regardless of the dollar amount. No one lost any money on deposit in Vineyard Bank, National Association.

Customers of both banks should continue to use their existing branches until California Bank & Trust can fully integrate the deposit records of Vineyard Bank, National Association.

To forewarn you of any scams, please be advised that you will not receive any e-mail notification from the FDIC, the Receiver, or CB&T to claim/unlock/unsuspend your account or to provide any private information. Please be watchful for and resist any such scams to obtain information from you.

ATM/debit card and/or Billpay: What about my ATM/debit card and/or bill paying with Vineyard Bank, National Association?

Your ATM/debit card will continue to work, and bill paying will work as it has in the past.

Brokered Deposits: I am a deposit broker or have brokered deposits. What do I do?

As an All-Deposit Transfer transaction, the total of all deposit accounts, excluding the Cede & Co brokered deposits, have been assumed by CB&T. The FDIC retained the Cede & Co brokered deposits and will pay those accounts off directly.

If you are a customer who has a Vineyard Bank, National Association deposit through a broker, you must contact your broker with any questions. Please be advised, however, that from and after the date of closing, CB&T will accrue and pay interest on deposit liabilities at a rate it shall determine; accordingly, CB&T shall permit depositors, including brokered depositors, impacted by reduced rates to withdraw their deposits without penalty for early withdrawal.

Direct Deposits - Government Deposits: What will happen to my direct deposits?

Direct Deposits, including Social Security checks, will continue as normal.

Existing Deposits at California Bank & Trust: I already have other deposit accounts with the new bank.  When combined with balances at this bank, my deposits exceed $250,000.  Are all funds insured?

The accounts transferred to California Bank & Trust will be separately insured for at least six months after the merger.  This grace period gives a depositor the opportunity to restructure the accounts, if necessary.

CDs from the failed bank are separately insured until the earliest maturity date after the end of the six-month grace period.

CDs that mature during the six-month period and are renewed for the same term and in the same dollar amount (either with or without accrued interest) continue to be separately insured until the first maturity date after the six-month period.

If a CD matures during the six-month grace period and is renewed on any other basis, it would be separately insured only until the end of the six-month grace period.

Interest Rates, Early Withdrawal Penalty: Will I continue to earn interest at the same rate?  Will I be charged an early withdrawal penalty?

All interest on insured deposits accrued through Friday, July 17, 2009, will be paid at your same rate. California Bank & Trust will review rates and notify you.

You may withdraw funds from any transferred account without an early withdrawal penalty until you enter into a new deposit agreement with your new bank. Entering into a new deposit agreement can be done by either renewing your CD or making a deposit to or a withdrawal from your account.

Loans/mortgages: What about my loan or mortgage with Vineyard Bank, National Association?

All mortgages and loans have been assumed by California Bank & Trust.  Your payment amount and due date are the same.  If you are having your payment deducted from your account, it will continue as it has in the past.  You should continue to make your checks payable to Vineyard Bank, National Association and send your payments to the same address.

Loans in Process: What happens if I had a loan in process that had not closed or a line of credit not fully funded?

You should contact your loan officer.  All prior contacts remain the same.

Media: I represent a TV/Newspaper/Radio and would like some information.

Please contact the Office of Public Affairs:

Outstanding Checks: What about checks that I have written on my account with Vineyard Bank, National Association?

Your checks will clear up to the available balance in your account.  You can continue to use your existing checks.

Safe Deposit Boxes: How can I claim the contents of my safe deposit box?

It is business as usual.  You can go to your local branch and access your safe deposit box; however, no action on your part is required because of this transaction.

Shareholders: What about my shares of stock?

All shares of Vineyard Bank, National Association were owned by its holding company, Vineyard National Bancorp, Rancho Cucamonga, CA. The holding company was not included in the closing of the bank or the resulting receivership. If you are a shareholder of Vineyard National Bancorp, please do not contact or file a claim with the Receiver. You may contact Vineyard National Bancorp directly for information as follows:

Transaction Types: Why do all deposits, insured or not, pass in some transactions but not in others?

The FDIC is required by law to employ the least-cost resolution measure for each failed financial institution.  The most frequent result is for the FDIC to transfer only the insured deposits in a merger transaction.  The FDIC has been able to transfer all deposits in about 25% of the failures over the past 15 years.

Unpaid Bills: I did some work for the bank and have not been paid. What should I do?

All claims against Vineyard Bank, National Association, together with proof of the claims, must be submitted in writing to the Receiver at the following address: