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NEWS
April 16, 1993 | NANCY RIVERA BROOKS, TIMES STAFF WRITER
In a corner of Wayne-Kent Bradshaw's office rests a desk-size cardboard check, heavy with zeros. The chief executive of Family Savings Bank cannot yet deposit the $1-million investment promised in late March by First Interstate Bank. The same goes for another $1 million earmarked a few days earlier by Walt Disney Co. That awaits a definitive agreement and a few other formalities.
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NEWS
April 16, 1993 | NANCY RIVERA BROOKS, TIMES STAFF WRITER
In a corner of Wayne-Kent Bradshaw's office rests a desk-size cardboard check, heavy with zeros. The chief executive of Family Savings Bank cannot yet deposit the $1-million investment promised in late March by First Interstate Bank. The same goes for another $1 million earmarked a few days earlier by Walt Disney Co. That awaits a definitive agreement and a few other formalities.
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NEWS
July 30, 1991 | From United Press International
In a ruling that could cost cities millions of dollars in tax revenues, the state Supreme Court said Monday that financial institutions such as savings and loans are exempt from paying municipal business taxes. In a unanimous decision, the court ruled that a city's right to govern its own municipal affairs is not the issue when local taxation is a subject of statewide concern. Deputy City Atty.
BUSINESS
March 14, 1985 | Associated Press
A small savings and loan said Wednesday that it will offer a higher interest rate to working women on individual retirement accounts because women "have a right to catch up." "As far as we know, no bank in the United States has thought of this," said Ben Langella, Continental Savings of America's director of branches on the San Francisco Peninsula. "We feel that women entered the job market later and had less time to build up their IRA reserves.
BUSINESS
June 11, 1988 | Carla Lazzareschi
QUESTION: I recently discovered some Series E savings bonds that my parents bought for me in 1945. They have a face value of $100. What are they worth now? What should I do with them?--Q. M. ANSWER: Depending on the month in 1945 that they were issued, your $100 savings bonds are worth between $441.88 and $468.12 each.
BUSINESS
December 4, 2006 | E. Scott Reckard, Times Staff Writer
Not long ago there would have been little reason for Cathay General Bancorp in Los Angeles' Chinatown to acquire a one-branch, struggling Chinese American bank in New Jersey. It was a matter of first things first. Starting in 1999, Cathay sought to expand by targeting the growing Chinese American population in New York, buying other banks and opening new branches in Manhattan, Brooklyn and Queens.
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