[quote=davelj]
Anyhow, FBOP owns San Diego National, Cal National up in LA, and Pacific National in SF, among other banks in Texas, Arizona, and Illinois. I suspect that these will all fail in due course.[/quote]
I bank with SDNB. They were one of the two lenders my wife and I considered when we shopping for a loan for our house about a month ago. We got a better deal from a one branch bank in Atlanta (friend of a friend of a friend kind of thing), so we went with them. One day after making the choice, the Chicago Tribune ran a story that JPMorgan had filed suit against FBOP for defaulting on a $246MM note. This made me feel better about my choice, to say the least. 🙂
I still like banking with SDNB, though, but I may end up back at Inland Federal Credit Union. That place is ultra local: one branch, and about four employees. I think I got asked for ID once in five years.
