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  • will purchase its $459 million in assets, the FDIC said.Affinity Bank of Ventura, California, operated 10 branches which will be taken over by Pacific Western Bank.Pacific Western will assume all of Affinity's deposits of approximately $922 million and purchase its $1 billion in assets, according to the FDIC. The combined cost of Friday's closures to the FDIC is an estimated $446 million.Access to
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  • cnn.com