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Simi Valley Bank

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CALIFORNIA | LOCAL
February 2, 1995 | PAUL ELIAS
Simi Valley Bank President and Chief Executive Officer R. F. (Dick) Riggs resigned Monday after 11 years with the bank, Chairman Bruce Strathearn announced this week. Strathearn, who could not be reached for comment, made the announcement in a short statement released Tuesday. Janice France, chief financial officer, said Riggs left to work at his brother's consulting firm in the San Fernando Valley. "The Board of Directors would like to thank Mr.
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CALIFORNIA | LOCAL
April 26, 2003 | From a Times Staff Writer
Two men driving a car stolen from Los Angeles held up a Simi Valley branch of Bank of America on Friday morning, sending authorities on an hours-long manhunt that stretched into the evening but ended in the arrests of two suspects. The robbers entered the bank in a shopping center in the 2800 block of Cochran Street about 10:45 a.m., brandished handguns and ordered several customers to the floor, Simi Valley Police Lt. Rex Jones said. They took cash from tellers and fled in a sedan, Jones said.
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BUSINESS
March 19, 1996 | BARBARA MURPHY
The board of directors of Simi Valley Bank has declared a cash dividend of 25 cents per share on its outstanding common stock. The dividend, to be paid April 15, will go to shareholders of record on April 5. Bank President Tony Palmer said the dividend is based on the bank's continued profitability during the first quarter of 1996. The company paid 50 cents in dividends in 1995.
CALIFORNIA | LOCAL
April 17, 1997 | MACK REED, TIMES STAFF WRITER
Jumping in where a big player in the banking industry has decided to pull out, Simi Valley Bank officials announced Wednesday that the bank will expand under a new name by opening a full-service branch in Fillmore. The Simi Valley bankers said they chose the new name First Western Bank to reflect the expansion into an empty Fillmore bank building, an expansion they decided to launch after Bank of America announced plans to close its Fillmore branch in July.
CALIFORNIA | LOCAL
September 5, 1992 | KAY SAILLANT
An unidentified man robbed a Simi Valley bank Friday, escaping with an undisclosed amount of cash, authorities said. The robbery occurred about 11:32 a.m., when the man entered the Security Pacific Bank branch at 1307 E. Los Angeles Ave. and approached a teller, said Simi Valley Police Sgt. Mike King. The man told the teller he was robbing the bank and requested money, King said. The teller complied and the robber quickly fled. No weapon was seen and the man did not say he had one, King said.
CALIFORNIA | LOCAL
February 6, 1994 | MATTHEW MOSK
A Simi Valley bank robber escaped with an undetermined amount of money Saturday morning, authorities said. The man walked into HomeFed Bank at 2860 Cochran St. at 11:30 a.m., gave the teller a note and walked out with the cash, police said. At no time did he threaten anyone or show a weapon, according to Detective Bill Daniels. Daniels said police and federal agents are looking into the possibility that the man has robbed other banks.
CALIFORNIA | LOCAL
October 30, 1993 | PATRICK McCARTNEY
An armed man who held up a Simi Valley bank branch Thursday is believed to be the same man who struck another Simi Valley bank earlier in the week, authorities said Friday. The man, described as slender, about 5-foot-10 and in his early 30s, entered a branch of First Interstate Bank on Los Angeles Avenue shortly after noon, FBI Special Agent Gary Auer said. The robber was dressed in dark clothing and had shoulder-length hair that witnesses believe was a wig, Auer said.
CALIFORNIA | LOCAL
March 9, 1991 | CARLOS V. LOZANO
A former branch manager of Simi Valley Bank pleaded guilty Friday to defrauding the institution of more than $40,000 through falsified loans, officials said. Frank John Szabo, 33, pleaded guilty to two counts of felony bank fraud in U.S. District Court in Los Angeles. Szabo, free on his own recognizance, is scheduled to be sentenced May 24 by U.S. District Judge William D. Keller. He faces a maximum penalty of $500,000 and 10 years in prison.
CALIFORNIA | LOCAL
April 17, 1997 | MACK REED, TIMES STAFF WRITER
Jumping in where a big player in the banking industry has decided to pull out, Simi Valley Bank officials announced Wednesday that the bank will expand under a new name by opening a full-service branch in Fillmore. The Simi Valley bankers said they chose the new name First Western Bank to reflect the expansion into an empty Fillmore bank building, an expansion they decided to launch after Bank of America announced plans to close its Fillmore branch in July.
BUSINESS
March 19, 1996 | BARBARA MURPHY
The board of directors of Simi Valley Bank has declared a cash dividend of 25 cents per share on its outstanding common stock. The dividend, to be paid April 15, will go to shareholders of record on April 5. Bank President Tony Palmer said the dividend is based on the bank's continued profitability during the first quarter of 1996. The company paid 50 cents in dividends in 1995.
BUSINESS
January 23, 1996 | JACK SEARLES
Two of Ventura County's independent banks have reported record profits for 1995. Simi Valley Bank said its net income for the year was $1.3 million, compared with $503,602 the previous year. "Although the economic situation is somewhat unsettled, we are looking forward to another profitable year in 1996," said Tony Palmer, president and chief executive. In Thousand Oaks, Los Robles Bank said it netted $594,000, or 49 cents a share, last year, compared with $452,000, or 44 cents a share, in 1994.
CALIFORNIA | LOCAL
November 10, 1995 | MACK REED
A $50,000 donation Thursday from Simi Valley Bank will help pay for the construction of a new Boys & Girls Club that officials say will benefit the city's youth for years to come. "If you don't support the kids, you're going to have trouble in the future," said bank President Tony Palmer moments after making what he called the largest charitable donation in the bank's history.
CALIFORNIA | LOCAL
August 26, 1995 | MACK REED, TIMES STAFF WRITER
Hands keep reaching out to the widow of slain Simi Valley Police Officer Michael Clark. Nearly a month after Clark was killed in a gunfight with a disturbed man, the trust fund for his wife Jenifer and infant son Bayley has reached $71,287. Gifts pour in without a lull: Children send carwash proceeds and city employees sacrifice vacation pay. Bookkeepers offer free tax preparation and Moorpark women offer free housecleaning.
CALIFORNIA | LOCAL
March 20, 1993 | PHIL SNEIDERMAN
The California Fair Political Practices Commission has advised Barbara Williamson, elected to the Simi Valley City Council in November, that she can vote on some city matters involving her employer, Simi Valley Bank. Since her election, Williamson, a vice president at the bank, has abstained on votes to pay routine city bills because the city's checking account is with Simi Valley Bank.
CALIFORNIA | LOCAL
February 2, 1995 | PAUL ELIAS
Simi Valley Bank President and Chief Executive Officer R. F. (Dick) Riggs resigned Monday after 11 years with the bank, Chairman Bruce Strathearn announced this week. Strathearn, who could not be reached for comment, made the announcement in a short statement released Tuesday. Janice France, chief financial officer, said Riggs left to work at his brother's consulting firm in the San Fernando Valley. "The Board of Directors would like to thank Mr.
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