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1980 (46 Years)
Last online: No recent activity
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TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.
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This company is currently Unproved.
Please be cautious of the potential risks!
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.
Get to know Desert Community Bank
Company Information
Get to know Desert Community Bank
Founded in 1980 in Victorville, California, Desert Community Bank established itself as a key financial institution for the local communities of the Victor Valley, Barstow, and surrounding mountain areas. In 2007, it became a division of East West Bank, which allowed it to expand its services while maintaining its local focus and decision-making. The bank offered a comprehensive range of products including personal and business checking and savings accounts, loans, mortgages, and treasury management services. In a significant transition, East West Bank sold its eight Desert Community Bank branches to Flagstar Bank, N.A., with the acquisition officially completed on March 11, 2024, integrating the bank's operations, employees, and customers into the Flagstar brand.
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