Crippled by loans to Inland Empire developers and home builders, Security Pacific Bank of West Los Angeles was shut down Friday by regulators, who said L.A.

Security Pacific is the 19th American bank to fail this year, the third in California. The last bank to be closed in the state was Newport Beach-based First Heritage Bank, National Association, on ...

If you bank at Security Pacific, your money's now with Pacific Western. ... LAist logo. Local and national news, NPR, things to do, food recommendations and guides to Los Angeles, ...

Security Pacific Bank opened as 1981 as Golden Pacific Bank, serving the Inland Empire. In 1999, it expanded into downtown Los Angeles and West Los Angeles and changed its name to Network Bank USA.

WASHINGTON, Nov 7 (Reuters) - U.S. bank regulators on Friday closed Security Pacific Bank of Los Angeles, California, marking the 19th U.S. bank to fail this year.