Alliance Bank

Who: Alliance Bank

What: 8th bank failure of 2009 (Feb. 6, 2009)

Where: Culver City, California

Why: Bad loans to homebuilders.

Fast Facts: California Bank & Trust, San Diego, California assumed all deposits from Alliance Bank; as of December 31, 2008, Alliance Bank had total assets of approximately $1.14 billion and total deposits of $951 million.

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