Mirae Bank, Los Angeles, CA

The FDIC made Mirae Bank, Los Angeles, CA it’s fifth closure of the day and 45th of 2009:

Mirae Bank of Los Angeles was closed today by the California Department of Financial Institutions, which appointed the Federal Deposit Insurance Corporation as receiver, the FDIC announced in a press release.

To protect the depositors, the FDIC entered into a purchase and assumption agreement with Wilshire State Bank, Los Angeles to assume all of the deposits of Mirae Bank.

Visit the official FDIC web page for more information.

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