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O.C. BUSINESS PLUS | ORANGE COUNTY BRIEFLY

Downey Savings Bags Deal With Albertson's

May 26, 2000|Edmund Sanders

Downey Savings & Loan said Thursday that it will install up to 40 mini-branches inside Albertson's Inc. supermarkets, raising the Newport Beach S&L's network to 144 branches statewide.

Downey said the move is intended to enhance convenience for its customers. The installations will begin in Northern California and move south. All in-store branches are expected to open by the end of next year.

In 1996, Downey opened the first of its in-store branches, which today are in Ralphs, Food4Less, Gelson's, Vons and Albertsons grocery stores.

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