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Desert Community Bank changes hands

VICTORVILLE — A local financial institution that has been a part of the High Desert for over 30 years is about to change hands.The parent company of East West Bank announced Monday the sale of Desert Community Bank branches and related assets and liabilities to Flagstar Bank, a subsidiary bank of Flagstar Bancorp, Inc. With eight branches located in the High Desert, DCB has operated as a separate division of East West Bank for ten years.While terms of the transaction […]

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Date: 1510654563

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