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Richard W Jr Decker

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November 18, 1997 | JAMES S. GRANELLI, TIMES STAFF WRITER
A $75-million investment fund headed by former Postmaster General Anthony M. Frank has taken majority control of a tiny Orange County bank as its first step in preserving locally operated California community banks. The fund bought a 52% stake in Security First Bank in Fullerton for $3.5 million and plans to make "significant" investments in other small banks in Los Angeles and Orange counties, said Thomas Byrom, one of the fund's four principals.
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BUSINESS
November 18, 1997 | JAMES S. GRANELLI, TIMES STAFF WRITER
A $75-million investment fund headed by former Postmaster General Anthony M. Frank has taken majority control of a tiny Orange County bank as its first step in preserving locally operated California community banks. The fund bought a 52% stake in Security First Bank in Fullerton for $3.5 million and plans to make "significant" investments in other small banks in Los Angeles and Orange counties, said Thomas Byrom, one of the fund's four principals.
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