Disclosures in annual report paint bl...

Disclosures in annual report paint bleak picture for Tamalpais ...

There are 7 comments on the Marin Independent Journal story from Apr 16, 2010, titled Disclosures in annual report paint bleak picture for Tamalpais .... In it, Marin Independent Journal reports that:

In a late filing of its 2009 annual report, troubled Tamalpais Bancorp, the parent company of San Rafael-based Tamalpais Bank, reported this week that it has failed to meet deadlines to increase capital imposed by federal regulators and warned that a regulatory takeover of the bank is a possibility.

Join the discussion below, or Read more at Marin Independent Journal.


San Rafael, CA

#1 Apr 16, 2010
who still banks at this place?


Since: Apr 09

Marin County, CA

#2 Apr 16, 2010
The fat lady is tuning up....
SR Native

Mill Valley, CA

#3 Apr 16, 2010
Bank of Marin is the best local bank. I have been with them over 20 years with no problem. Old fashioned customer service.

Mill Valley, CA

#4 Apr 16, 2010
Go to FDIC.Gov - FDIC has seized control of the bank - assets purchased by Union Bank.

Ross, CA

#5 Apr 16, 2010
FDIC usually moves on Friday afternoon to minimize press
Not surprised really
Layne Amiot

San Rafael, CA

#6 Apr 16, 2010
San Rafael Thrift & Loan was a Great Bank, unfortunately, it was later merged into the now defunct Tamalpais Bank. Bank magagement ran this once fine institution into the ground. The general bank employees were good workers, meanwhile management was inept. CEO Gorwood is a fool and hopefully will never run a bank again. I wouldn't trust him with a $100.00 checking account......

Since: Apr 09

Marin County, CA

#7 Apr 19, 2010
Batman, the FDIC moves on Friday to minimize banking disruption, not to minimize press.

They've been telegraphing this action for months, and we all knew it was going to happen. Enough with the conspiracy theories.

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