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October 1, 1988
Tracy Savings & Loan Assn., of Tracy, Calif., acquired Concord, Calif.-based Adobe Savings Bank with assistance from the Federal Savings and Loan Insurance Corp. The Federal Home Loan Bank Board approved the acquisition negotiated by the Federal Home Loan Bank of San Francisco under the bank board's assigned case processing program. It was the 125th insolvent thrift resolved this year. Adobe's two offices will reopen Monday, as branches of Tracy Savings.
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BUSINESS
October 1, 1988
Tracy Savings & Loan Assn., of Tracy, Calif., acquired Concord, Calif.-based Adobe Savings Bank with assistance from the Federal Savings and Loan Insurance Corp. The Federal Home Loan Bank Board approved the acquisition negotiated by the Federal Home Loan Bank of San Francisco under the bank board's assigned case processing program. It was the 125th insolvent thrift resolved this year. Adobe's two offices will reopen Monday, as branches of Tracy Savings.
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BUSINESS
April 12, 1988 | JAMES F. PELTZ, Times Staff Writer
Robert M. Weinstein knows the struggle of starting a small business. Two of his earlier ventures failed, wiping out $100,000 of his savings. His newest company, TransContinental Financial Services in Northridge, doesn't have money to waste and he and his small staff are hustling for sales from a modest office filled with Weinstein's cigarette smoke. TransContinental might seem a candidate for a federal Small Business Administration loan. But that would be a conflict of interest for Weinstein.
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