Rabobank Takes Over Pacific State Bank
Stockton, CA — Pacific State Bank and its nine branches have fallen on tough financial times, and its assets will be taken over by Rabobank, NA.
Pacific State Bank is based in Stockton and has nine branches, including locations in Angels Camp, Arnold and Groveland. Rabobank, N.A. has purchased Pacific State Banks $312 million in assets. Pacific State Bank was taken over by Federal Regulators on Friday.