BOISE, ID--(Marketwired - Jan 31, 2014) - On January 31, 2014, Syringa Bank was closed by the Idaho Department of Finance. The Federal Deposit Insurance Corporation (FDIC) was then named Receiver. Subsequent to the closure, Sunwest Bank, headquartered in Irvine, CA, acquired substantially all of the deposits and assets of Syringa Bank from the FDIC as Receiver for Syringa Bank.