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BRIEFLY

A former S&L executive was accused of theft.

January 14, 1987

Eric Noda, 44, of Novato, Calif., a former senior vice president and loan officer for Columbus Marin Savings & Loan in San Rafael, Calif., was arrested and accused of stealing $1.3 million from the institution in a loan funneled through his ex-wife's company, federal officials said. He was charged with bank fraud punishable by up to five years in prison and a $250,000 fine, the FBI said. Columbus, founded in 1978, was taken over by the Federal Savings and Loan Insurance Corp., last April after suffering a reported $27 million in operating losses in 1985.

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