County Bank
Who: County Bank
What: 9th bank failure of 2009 (Feb. 6, 2009)
Where: Merced, California
Why: Bad loans.
Fast Facts: Westamerica Bank of San Rafael, California assumed all deposits from County Bank; as of February 2, 2009, County Bank had total assets of approximately $1.7 billion and total deposits of $1.3 billion. County Bank is the third bank to fail in California this year.
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