Fireside Bank was closed without government assistance, and is no longer in operation as of March 31, 2012.
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.
We do not have health information for Fireside Bank, because it is no longer an operational bank.
Sorry, we do not have rate data for Fireside Bank
Sorry, but we do not have location data for Fireside Bank. Its headquarters is located at 5050 Hopyard Road - Pleasanton, CA 94588