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Malibu Savings Bank

Status:Inactive as of 01/11/1991
 Absorption - Assisted
Institution Enters Conservatorship
Successor Bank:Malibu Savings Bank, FSB
Headquarters:Malibu Savings Bank
23755 West Malibu Road
Malibu, CA 90265
Established:01/01/1981
FDIC Insurance:07/16/1982
FDIC Cert:#32134
Charter Class:
Total Assets:$139,117,000
Total Deposits:$122,923,000

History

1981-01-01Institution established: Original name:Malibu Savings and Loan Association
1987-06-30Changed name to Malibu Savings Bank
1989-06-30Moved bank headquarters from MALIBU, CA to CONTRA MESA, CA
1989-07-10Moved bank headquarters from CONTRA MESA, CA to MALIBU, CA
1991-01-11Institution established: Original name:Malibu Savings Bank, FSB (33293)
1991-01-11Placed into government conservatorship.
1991-01-11Failed, went into receivership, and then became part of Malibu Savings Bank, FSB (33293)
1991-07-19Government conservatorship or bridge bank resolved.
1991-07-19Acquired after government financial assistance and subsequently operated as part of Brentwood Bank of California (32193)
1995-06-28Changed from the Savings Association Insurance Fund to the Bank Insurance Fund.
1999-12-03Changed name to First Commerce Bank (32193)
2000-06-01Moved bank headquarters from MALIBU, CA to ENCINO, CA
2010-12-28Merged into and subsequently operated as part of Grandpoint Bank (58390) in LOS ANGELES, CA
2011-08-30Acquired Orange Community Bank (35535) in ORANGE, CA
2013-06-21Acquired Bank of Tucson (34708) in TUCSON, AZ
2013-09-20Acquired REGENTS BANK, NATIONAL ASSOCIATION (57177) in LA JOLLA, CA
2013-09-26Acquired Gilmore Bank (17523) in LOS ANGELES, CA
2014-03-21Acquired The Biltmore Bank of Arizona (57479) in PHOENIX, AZ
2018-07-01Merged into and subsequently operated as part of Pacific Premier Bank (32172) in IRVINE, CA
2020-06-01Acquired Opus Bank (33806) in IRVINE, CA