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Bank of Southern California Acquires Frontier Bank, FSB dba El Paseo Bank Third Acquisition in Coachella Valley Demonstrates Commitment to Desert Region

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PALM DESERT, Calif., Nov. 10, 2014 /PRNewswire/ -- Bank of Southern California (OTC Markets "FBBN") announced today that it purchased substantially all the assets and liabilities of Frontier Bank, FSB dba El Paseo Bank through a purchase and assumption agreement with the FDIC. El Paseo Bank operates two branches located in Palm Desert on El Paseo Drive and in Rancho Mirage, Country Club Village on Monterey Avenue which will reopen on Monday, November 10, 2014 as part of Bank of Southern California. Existing El Paseo Bank customers will be able to...

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