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United California Savings Bank

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BUSINESS
February 16, 1985
The new name for the 64-year-old savings and loan reflects the institution's broader geographic market and financial operations, said Larry Ulvestad, president of the savings and loan. United California Savings Bank, with $500 million in assets, has six offices in Southern California and "a background in multistate mortgage banking and commercial financing," Ulvestad said. The S&L's headquarters will remain in Anaheim.
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BUSINESS
December 10, 2001 | By MEG JAMES, TIMES STAFF WRITER
French bank BNP Paribas, moving quickly to expand into the Western United States, agreed Sunday to acquire United California Bank from its Japanese parent UFJ Holdings for $2.4 billion in cash. The proposed acquisition would be the third major U.S. purchase for the French bank in a year and underscores an aggressive push recently by European and Canadian banks into the U.S. financial services sector. BNP Paribas is weeks away from completing its takeover of Honolulu-based BancWest Corp.
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BUSINESS
April 5, 1994 | JOHN O'DELL, TIMES STAFF WRITER
Money-losing United California Savings Bank has agreed to merge into CenFed Financial Corp. of Pasadena in a $7-million stock-and-cash deal. Directors of the ailing thrift, which has lost more than $20 million in the past five years, own 80% of its stock and will receive the bulk of the $7-million minimum purchase price.
BUSINESS
April 5, 1994 | JOHN O'DELL, TIMES STAFF WRITER
Money-losing United California Savings Bank has agreed to merge into CenFed Financial Corp. of Pasadena in a $7-million stock-and-cash deal. Directors of the ailing thrift, which has lost more than $20 million in the past five years, own 80% of its stock and will receive the bulk of the $7-million minimum purchase price.
BUSINESS
April 4, 1990 | James S. Granelli, Times staff writer
A billiards league and a cancer research group may seem an unlikely pair, but they are among about 400 organizations sharing in $500,000 in donations from United California Savings Bank in Anaheim. The savings and loan, which has been donating money annually to local community groups in Orange and Riverside counties for 11 years, is making its largest charitable contribution ever.
BUSINESS
December 10, 2001 | By MEG JAMES, TIMES STAFF WRITER
French bank BNP Paribas, moving quickly to expand into the Western United States, agreed Sunday to acquire United California Bank from its Japanese parent UFJ Holdings for $2.4 billion in cash. The proposed acquisition would be the third major U.S. purchase for the French bank in a year and underscores an aggressive push recently by European and Canadian banks into the U.S. financial services sector. BNP Paribas is weeks away from completing its takeover of Honolulu-based BancWest Corp.
BUSINESS
August 3, 1988 | James S. Granelli, Times staff writer
Other savings and loans are having little trouble buying or opening new branches. Far West Savings in Newport Beach, for instance, won the state's approval to buy four San Diego County branches from Pacific Coast Savings, an acquisition that removes the San Francisco thrift from the Southern California scene. The offices--in Carlsbad, Escondido, Mira Mesa and Santee--help to fill out Far West's branch network, said Charles H.
BUSINESS
April 4, 1990 | James S. Granelli, Times staff writer
A billiards league and a cancer research group may seem an unlikely pair, but they are among about 400 organizations sharing in $500,000 in donations from United California Savings Bank in Anaheim. The savings and loan, which has been donating money annually to local community groups in Orange and Riverside counties for 11 years, is making its largest charitable contribution ever.
BUSINESS
February 16, 1985
The new name for the 64-year-old savings and loan reflects the institution's broader geographic market and financial operations, said Larry Ulvestad, president of the savings and loan. United California Savings Bank, with $500 million in assets, has six offices in Southern California and "a background in multistate mortgage banking and commercial financing," Ulvestad said. The S&L's headquarters will remain in Anaheim.
NEWS
April 3, 1987
The Pasadena mansion of Dovie Beams de Villagran, a former B-movie starlet who claimed to be a lover of deposed Philippine President Ferdinand Marcos, was sold during bankruptcy proceedings for $2 million. "I am very sad. I've got no money. I can't even eat," Villagran told reporters after the sale. The 30-room mansion was purchased by United California Savings Bank, to which Villagran owed $2.6 million, said Ronald Rus, an attorney for the bank.
CALIFORNIA | LOCAL
January 6, 1987
Two blond men robbed two different Orange County banks in apparently unrelated holdups Monday, authorities said. Police said the first robbery occurred at 11:28 a.m. in Seal Beach when a man entered the United California Savings Bank, 13962 Seal Beach Blvd., approached a teller and displayed a note demanding money. He fled on foot with an undisclosed amount of cash. Witnesses described him as having bushy blond hair. The second robbery occurred at 12:45 p.m.
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