CALIFORNIA | LOCAL
April 10, 2013 | By Richard Winton
The bank heist crew didn't carry demand notes or ever see a bank teller. Their tools of choice were a powered cutting saw, hand-held radios and ladders. They walked away with millions of dollars in recent years by simply cutting through the rooftops of San Gabriel Valley banks under cover of darkness. They made holes in the roofs to access the money and slipped away with bags of cash unnoticed before dawn. They have been responsible for three rooftop heists since August 2011, L.A. County Sheriff's Department officials said.
BUSINESS
December 16, 1993 | From Times Staff and Wire Reports
Saying the operation was too small to make "economic sense for us in the long run," H.F. Ahmanson has sold its credit card operation to Citibank. The Irwindale parent of Home Savings of America sold 150,000 Visa and MasterCard accounts totaling $131 million in receivables to Citibank, booking a gain of $33 million. Citibank will continue to issue and service bank cards for Home Savings of America customers, but the cards will bear the Home Savings name.