Vineyard Bank And Temecula Valley Bank Fail

Vineyard Bank of Rancho Cucamonga, California and Temecula Valley Bank of Temecula, California have become the 56th and 57th bank failures respectively in the US this year.  California Bank & Trust of San Diego, California will assume the deposits of Vineyard Bank and First-Citizens Bank and Trust Company of Raleigh, North Carolina will assume the deposits of Temecula Valley Bank.

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