Village News - Also serving the communities of De Luz, Rainbow, Camp Pendleton, Pala and Pauma

First the Rice Fire, now a bank crisis

 

Last updated 8/18/2008 at Noon



In the aftermath of last year’s devastating wildfires that destroyed homes and taxed the resources and perseverance of the most stalwart individuals, Fallbrook residents are starting to see the light at the end of the tunnel as long-awaited insurance checks arrive and companies make good on their promise to restore homes and hope.

Enter the bank crisis. Poor decisions and horrendous lending practices have rocked the banking industry, causing the first local bank failures our area has seen in the last 10 years.

The FDIC is there to assure the public that it will cover “up to $100,000...



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