US Community Savings Bank

Status:Inactive as of 05/31/1997
 Merger - Without Assistance
Successor Bank:Los Padres Bank
Headquarters:US Community Savings Bank
515 Encinitas Blvd., Suite 100
Encinitas, CA 92024
Established:01/03/1985
FDIC Insurance:01/03/1985
FDIC Cert:#32262
Charter Class:
Total Assets:$93,138,000
Total Deposits:$74,160,000

History

1985-01-03Institution established: Original name:US Home Community Savings Bank
1985-02-28Changed name to US Community Savings Bank
1997-05-31Merged into and subsequently operated as part of Los Padres Savings Bank, FSB (32165) in SOLVANG, CA
1998-03-31Changed name to LOS PADRES BANK (32165)
2010-08-20Failed. Acquired with government financial assistance and subsequently operated as part of Pacific Western Bank (24045)
2010-12-20Moved bank headquarters from SOLVANG, CA to LOS ANGELES, CA
2012-08-01Acquired American Perspective Bank (58614) in SAN LUIS OBISPO, CA
2013-06-01Acquired First California Bank (22819) in WESTLAKE VILLAGE, CA
2014-04-07Acquired CapitalSource Bank (58878) in LOS ANGELES, CA
2015-10-07Acquired Square 1 Bank (58021) in DURHAM, NC
2016-01-09Moved bank headquarters from LOS ANGELES, CA to BEVERLY HILLS, CA
2017-10-20Acquired California United Bank (57904) in LOS ANGELES, CA
2019-06-28Reorganized.

Financial Information (1996-12-31 and Older)