North Bay Business Journal

Friday, August 20, 2010, 11:00 pm

Westamerica assumes control of Sonoma Valley Bank

By

Print Friendly Print Friendly    

Regulators shut down troubled Sonoma Valley Bank on Friday, the latest in a growing line of banks across the country to crumble under the weight of bad loans. The Sonoma-based bank’s three branches will reopen Saturday under an agreement brokered by regulators with Westamerica Bank, which is assuming Sonoma Valley’s assets and liabilities.

For more, go to: http://www.pressdemocrat.com/article/20100820/BUSINESS/100829935/1036?Title=Regulators-shut-down-Sonoma-Valley-Bank

Share this item:

Copyright © 1988–2012 North Bay Business Journal
View the policy for linking to website content.

Categories: Banking and Finance, Top News Stories

Print Friendly Print Friendly    
[Back]

Submit Your Comments

Required

Required, will not be published

Comments are moderated and generally will be posted if they are on-topic and not abusive. Do not use this form to contact companies or organizations mentioned in this story. Contact them directly. For more information, please see our Comments and Letters Policy. To share this item by email or social media, use the links above.

Site Index

Industry News
Events
Mobile

Tags