August 15, 1991 |
Acquisition Proceeding: Landmark Bank in La Habra has moved close to completing its $4.9-million acquisition of Founders Bank, a deal that some in the industry didn't think would get this far. Federal and state banking regulators have given their blessing to the deal, leaving only the shareholders of Brea-based Founders and the Securities and Exchange Commission to approve. Under the purchase agreement, Landmark's parent company, Landmark Bancorp, would pay $2.2 million in cash and $2.
September 30, 1993 |
Founders National Bank has opened two branches, bringing to fruition a deal it made in January when it bought two sites from Bank of America that were to be closed. The branches, at Crenshaw Boulevard and Stocker Street and at Western Avenue and 43rd Street, give Founders five facilities. The other branches are in the Crenshaw district on King Boulevard, in Compton and Gardena.
September 26, 1993 |
Founders National Bank has opened two new branches, bringing to fruition a deal it made last January when it bought two sites from Bank of America that were to be closed. The branches, at Crenshaw Boulevard and Stocker Street and at Western Avenue and 43rd Street, bring the number of Founders branches to five. The other branches are in the Crenshaw district on King Boulevard, in Compton and Gardena.
October 26, 1999 |
Founders National Bank President Carlton Jenkins has resigned from Southern California's only African American-owned commercial bank, in a move he acknowledged is linked to the Los Angeles institution's purchase by a star-studded ownership team last year.
May 25, 1990 |
Comedian Elaine Boosler may have canceled her show at the California Theatre tonight, but that doesn't mean San Diego is without laughs. Tonight is the grand opening benefit bash for the Underground at the Lyceum. More than 20 performers will present a retrospective Best of the Underground in 1989 at 10:30 tonight , along with a buffet and no-host bar.
January 16, 2009 |
Ireland's government moved Thursday to take over Anglo Irish Bank, declaring that a plan to inject money into the troubled lender was not enough to secure the future of an institution battered by the collapse of the boom known as the Celtic Tiger. Ireland's Department of Finance said the bank, which had soared for more than a decade in Ireland's unprecedented boom, had a weakened funding position.