Failed Bank Information for County Bank, Merced, CA
On Friday, February 6, 2009, County Bank was closed by the California Department of Financial Institutions. The FDIC was named Receiver. Westamerica Bank, San Rafael, CA acquired all deposit accounts.
The FDIC as Receiver for County Bank, Merced, CA has taken all actions necessary to terminate the Receivership Estate. The Receiver published a legal notice of intent to terminate the receivership on February 8, 2019 and has made all dividend distributions required by law.
Effective September 1, 2019, the Receiver was discharged and the Receivership Estate was terminated and ceased existence as a legal entity.
Effective Date: September 1, 2019
Publication Date: February 8, 2019
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: WESTAMERICA BANK
About Westamerica Bank
All deposit accounts, including brokered depositors, were transferred to Westamerica Bank, San Rafael, CA ("assuming institution"). Former County Bank locations reopened as branches of Westamerica Bank.
Your transferred deposits were separately insured from any accounts you may have already had at Westamerica Bank for at least six months after the failure of County Bank.
You may withdraw your funds from any transferred account without an early withdrawal penalty until you enter into a new deposit agreement with Westamerica Bank as long as the deposits are not pledged as collateral for loans.
Contacting Westamerica Bank
You can contact Westamerica Bank:
1108 Fifth Avenue
San Rafael, CA 94901
Westamerica Bank (www.westamerica.com)
Purchase & Assumption Agreement - PDF (3Mb)
Agreement between FDIC and acquiring institution