Failed Bank Information for Alliance Bank, Culver City, CA
On February 6, 2009, Alliance Bank was closed by the California Department of Financial Institutions (DFI). The FDIC was named Receiver. California Bank & Trust, San Diego, CA acquired all deposit accounts.
The FDIC as Receiver for Alliance Bank, Culver City, CA has taken all actions necessary to terminate the Receivership Estate. The Receiver published a legal notice of intent to terminate the receivership on May 7, 2018 and has made all dividend distributions required by law.
Effective August 1, 2018, the Receiver was discharged and the Receivership Estate was terminated and ceased existence as a legal entity.
Receivership Status
TERMINATED
Notice of Termination (www.federalregister.gov)
Effective Date: August 1, 2018
Notice of Intent to Terminate (www.federalregister.gov)
Publication Date: May 7, 2018
Beware of scams!
Please be advised you will not receive any email notification to claim, unlock or suspend your account or to provide any private information. Please be aware of any phishing scams to obtain information from you.
Beware of scams!
Please be advised you will not receive any email notification to claim/unlock/suspend your account or to provide any private information. Please be aware of any phishing scams to obtain information from you.
ACQUIRING INSTITUTION: CALIFORNIA BANK & TRUST
About California Bank & Trust
All deposit accounts were transferred to California Bank & Trust, San Diego, CA ("assuming institution"). Former Alliance Bank locations reopened as branches of California Bank & Trust.
Your transferred deposits were separately insured from any accounts you may have already had at California Bank & Trust for at least six months after the failure of Alliance Bank.
You may withdraw your funds from any transferred account without an early withdrawal penalty until you enter into a new deposit agreement with California Bank & Trust as long as the deposits are not pledged as collateral for loans.
Contacting California Bank & Trust
On December 31, 2015, California Bank merged with ZB, National Association. You can contact ZB, National Association:
ZB, National Association
1 S Main Street
Salt Lake City, UT 84133
ZB, National Association (www.zionsbank.com)
Transaction Documentation
Purchase & Assumption Agreement - PDF
Agreement between FDIC and acquiring institution