Calif Dept Of Financial Institutions Closes Mirae Bank Of L.A.
DOW JONES NEWSWIRES
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.
(END) Dow Jones Newswires
06-26-092210ET
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