To: Salvation
Looking at the Web sites of
First Heritage Bank of California and
First National Bank of Nevada, it looks like they're twin sisters...maybe owned by the same holding company (which probably failed)?
The Nevada bank is in the Las Vegas and Reno areas, and the California bank is down in Los Angeles (same area as IndyMac). We can only hope that Harry Reid was somehow entangled in this mess. Pelosi hangs out in SF, so I don't think she's involved.
38 posted on
07/25/2008 10:29:04 PM PDT by
rabscuttle385
("When you can't make them see the light, make them feel the heat." Ronald Reagan)
To: rabscuttle385
...it looks like they're twin sisters...maybe owned by the same holding company (which probably failed)?I am not an expert on holding companies, but this looks like just one bank failure to me, sloppy reporting by Reuters again.
Here is the 2007 Annual Report of 1st National Bank of Nevada, who has a division in SoCal called First Heritage Bank...makes for interesting reading!!
http://www.fnbnonlinehb.com/pdfs/annualreport.pdf
44 posted on
07/26/2008 12:22:10 AM PDT by
Drago
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