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California Bank Abruptly Shuttered in Sixth Bank Failure of 2026

By Daily Hodl Agent at 2026-09-27 16:03

Sentiment: Positive

California regulators closed Irvine’s Nano Banc on Sep 25, 2026; FDIC named receiver; Sunwest Bank assumes substantially all deposits; ~$736M assets / ~$686M deposits; DIF cost ~$114M. The post California Bank Abruptly Shuttered in Sixth Bank Failure of 2026 appeared first on The Daily Hodl. Continue reading...

Categories: Business

Tags: #Business #Fintech #Regulators #bank #California #money

Source The Daily Hodl