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BUSINESS
November 8, 1985 | JAMES S. GRANELLI
The Downey Savings & Loan Assn. executives hired to manage Santa Ana-based Butterfield Savings & Loan Assn. after it was seized by federal regulators Aug. 7 have submitted their 90-day progress report to the San Francisco branch of the Federal Home Loan Bank Board. The report will remain confidential for now, a spokesman for the executive team said Thursday.
BUSINESS
September 11, 1985 | LESLIE BERKMAN, Times Staff Writer
In an effort to turn a liability into an asset, officials of Butterfield Savings & Loan Assn. said Tuesday that a new president and chief operating officer has been named to head Love's Enterprises Inc., the restaurant subsidiary that contributed to Butterfield's collapse last month. The appointment of Ronald C. Mesker to head Love's reunites the barbecue chain with the man who rescued it a decade ago.
BUSINESS
April 2, 1986 | JAMES S. GRANELLI, Times Staff Writer
In an effort to mend fences and cut expenses, officials at Butterfield Savings & Loan Assn. in Santa Ana said Tuesday that the S & L has settled a dispute with a group of franchise holders in its Love's restaurant chain and has turned over management of about 4,000 real estate properties it owns to a Washington state company. The settlement of the restaurant dispute will mean the S & L's Love's Enterprises Inc. subsidiary in Brea is a "cash-positive operation," said Ronald C.
BUSINESS
August 11, 1985
November 1976: Donald Endresen, his father, David Endresen, and partner Daniel Kiernan form KEICO Investments Inc. of Fullerton with $1,500 in capital. KEICO's basic business is purchasing run-down apartments and other properties and packaging them as investments. Firm later changes name to KECOR Financial Group Inc. April 1981: Organizers of Butterfield S&L of Temecula are granted a state charter and begin selling stock to raise the $2 million in capital needed to open for business.
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