Average User Rating:| 5050 Hopyard Road Pleasanton, CA 94588 866-612-1801 www.firesidebank.com  |
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Fireside Bank is an FDIC insured and regulated California industrial bank operating throughout the United States. Their primary business includes: Certificates of Deposit (CDs) and non-prime automobile lending. All deposits are insured with the Federal Deposit Insurance Corporation.
After careful consideration, Fireside Bank has made the difficult decision to cease originating new business. Effective March 24, 2009, credit applications will no longer be accepted for review, and new deposits or additional deposits to existing accounts will no longer be accepted.
After careful consideration, Fireside Bank has made the difficult decision to cease originating new business. Effective March 24, 2009, credit applications will no longer be accepted for review, and new deposits or additional deposits to existing accounts will no longer be accepted.
Fireside Bank Routing Number: 321184427
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Fireside Bank (CA)
This Bank was recently reported by the FDIC to have given up it's Banking Charter due to it's voluntary liquidation status. The Bank stated in a new release in 2009 that it was discontinuing making new loans and was not accepting any new deposits. The Bank was in run-off status. In late 2010 or early 2011 the Bank also performed a loan bulk sale with another outside company that removed all remaining performing loans from it's books. The remaining net assets of about $225 million will be transferred back to it's Parent company as the banking subsidiary is no longer in active business. The large portfolio of prior written-off auto loans is now being worked for collection/recovery purposes.
This Bank is a clasic example of a voluntary liquidation. All depositors have been paid-off in full at no cost to the FDIC Insurance Fund.
OC Steve