Bank Closings
December 5, 2008
Here’s a list of some of the bank closings over the past two years.
| Bank Name | Closing Date | Updated Date |
|---|---|---|
| PFF Bank and Trust, Pomona, CA | November 21, 2008 | November 21, 2008 |
| Downey Savings and Loan, Newport Beach, CA | November 21, 2008 | November 21, 2008 |
| The Community Bank, Loganville, GA | November 21, 2008 | November 21, 2008 |
| Security Pacific Bank, Los Angeles, CA | November 7, 2008 | November 7, 2008 |
| Franklin Bank, SSB, Houston, TX | November 7, 2008 | November 7, 2008 |
| Freedom Bank, Bradenton, FL | October 31, 2008 | October 31, 2008 |
| Alpha Bank & Trust, Alpharetta, GA | October 24, 2008 | October 24, 2008 |
| Meridian Bank, Eldred, IL | October 10, 2008 | October 10, 2008 |
| Main Street Bank, Northville, MI | October 10, 2008 | October 10, 2008 |
| Washington Mutual Bank, Henderson, NV and Washington Mutual Bank FSB, Park City, UT | September 25, 2008 | October 20, 2008 |
| Ameribank, Northfork, WV | September 19, 2008 | October 20, 2008 |
| Silver State Bank, Henderson, NV En Español |
September 5, 2008 | October 20, 2008 |
| Integrity Bank, Alpharetta, GA | August 29, 2008 | October 20, 2008 |
| The Columbian Bank and Trust, Topeka, KS | August 22, 2008 | October 20, 2008 |
| First Priority Bank, Bradenton, FL | August 1, 2008 | October 27, 2008 |
| First Heritage Bank, NA, Newport Beach, CA | July 25, 2008 | October 20, 2008 |
| First National Bank of Nevada, Reno, NV | July 25, 2008 | October 20, 2008 |
| IndyMac Bank, Pasadena, CA | July 11, 2008 | October 27, 2008 |
| First Integrity Bank, NA, Staples, MN | May 30, 2008 | October 20, 2008 |
| ANB Financial, NA, Bentonville, AR | May 9, 2008 | October 27, 2008 |
| Hume Bank, Hume, MO | March 7, 2008 | October 27, 2008 |
| Douglass National Bank, Kansas City, MO | January 25, 2008 | October 20, 2008 |
| Miami Valley Bank, Lakeview, OH | October 4, 2007 | October 20, 2008 |
| NetBank, Alpharetta, GA | September 28, 2007 | October 20, 2008 |
| Metropolitan Savings Bank, Pittsburgh, PA | February 2, 2007 | October 20, 2008 |
A couple of tips
December 5, 2008
We have seen a pattern arising with a lot of people we talk to. We are finding that a lot of people are inadvertantly shooting themselves in the foot. In order to get business credit these days, a good personal guarantor is essential. Having a good FICO score is not always enough. Banks are looking at your “risk factor” which incorporates more than just your FICO scores. When you become a client, we will go over both your personal and business credit in order to assure you get the most money possible from our lenders.
The problem arises when somebody tries to do everything by themselves without understanding the rules of the game. People are running up their personal credit and applying for all the credit cards they can. When that doesn’t work, then they come to us. But now it is much more difficult for us to get them business credit because of the actions they have taken upon themselves to do.
We advise people to have a little foresight and talk to us before going out and trying to do it on their own. People who follow our instructions usually get funding in a timely manner and keep both their personal and business credit healthy. People who don’t follow our instructions invariably shoot themselves in the foot. I only say this because we want you and your business to succeed. We want to help you. And I hate to see people destroy their business and their credit when it could be avoided. Give us a call and let’s discuss your situation.
Christmas Party ‘08
December 4, 2008
We will be having our annual Christmas Party on Tuesday, December 9, at the Shark Club in Costa Mesa from 6-10PM. If you would like to attend, please RSVP.
Hosted by Dreamcatcher Marketing and sponsored by Axiom, this Christmas party is free to all our clients and their friends. There will be live entertainment, a complimentary appetizer buffet, a no host bar, raffle prizes, dance music, and fun for all. And it will be a great networking opportunity. The proceeds go to benefit the Youth Entrepreneur Leadership Program.
Admission is free with RSVP.
See you there!
The Corporate Code, Only $995
