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2nd Bank To Fail Today - Shoreline Bank In WA Acquired By GBC International Bank In CA

Friday, October 1, 2010 - 8:27 PM
From the FDIC press release:
FDIC entered into a purchase and assumption agreement with GBC International Bank, Los Angeles, California, to assume all of the deposits of Shoreline Bank.

 I'll have more on this in my Friday bank failure summary
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Ken TuminKen Tumin5,469 posts since
Nov 29, 2009
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