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/ BARBARA MURPHY

California Oaks State Bank Ends Initial Stock Offering

February 10, 1998|BARBARA MURPHY

California Oaks State Bank, which is in the organizational stage, completed its initial stock offering by raising almost $5.7 million in less than five months.

The money will be used to capitalize the Thousand Oaks bank.

The grand opening of the bank, at 50 W. Hillcrest Drive, is scheduled for Feb. 18. Anthony D. Kourounis is president and chief executive officer.

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