Discovery Bank

Status:Inactive as of 07/24/2009
 Absorption - Without Assistance
Successor Bank:Commerce West Bank
Headquarters:Discovery Bank
338 Via Vera Cruz
San Marcos, CA 92078
Established:09/19/2001
FDIC Insurance:09/19/2001
FDIC Cert:#57136
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$151,051,000
Total Deposits:$123,937,000

History

2001-09-19Institution established: Original name:Discovery Valley Bank
2003-01-29Changed name to Discovery Bank
2009-07-24Merged into and subsequently operated as part of CommerceWest Bank, N.A. (57176) in IRVINE, CA
2012-12-01Changed institution class to INSURED COMMERCIAL OR SAVINGS BANKS, STATE, MEMBERS FRS
2012-12-01Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to FEDERAL RESERVE BOARD
2012-12-01Changed name to Commerce West Bank (57176)
2021-06-01Moved bank headquarters from 2445 Mccabe Way, Irvine, CA to 2445 Mccabe Way, Irvine, CA.

Financial Information (2009-06-30 and Older)