First Federal Bank of California Opens New Anaheim Branch
25 Agosto 2008 - 5:01PM
Business Wire
First Federal Bank of California today announced the opening of its
thirty-eighth retail banking office located at 704 S. State College
Boulevard in Anaheim, California. According to Shannon Millard,
President of Retail Banking, �In keeping with our branch expansion
plan, our Anaheim/State College branch is our fifth branch opening
this year and we have an additional two branches slated to open by
year-end.� She continued, �With the goal of providing individuals
and businesses alike with the financial products and services they
need to help them manage, save, invest and borrow better so our
clients can live better, we�re opening branches in communities in
which we know we can make a difference.� Ms. Millard further
commented, �Our one-on-one approach to banking and client service
has served us, and the communities we serve, very well for the past
eight decades.� With over twenty-five years of banking experience,
one of First Fed�s seasoned Branch Managers, Ketty Givargis, is
transferring from the Bank�s Mission Viejo branch to lead the
Anaheim/State College branch team. Locally managed and financially
strong, First Fed�s core and risk-based capital ratios at June 30,
2008 are significantly above the FDIC�s �well-capitalized� minimums
of 5% and 10% at 9.45% and 17.83%, respectively. Headquartered in
Los Angeles, California, First Federal Bank of California is a
subsidiary of FirstFed Financial Corp. (NYSE:FED). This news
release contains certain forward-looking statements made pursuant
to the safe harbor provisions of the Private Securities Litigation
Act of 1995. These forward-looking statements are subject to
various factors, many of which are beyond the Company's control,
which could cause actual results to differ materially from such
statements. Such factors include, but are not limited to, the
general business environment, interest rate fluctuations, the
availability of branch opening opportunities, competitive
conditions in the business and geographic areas in which the
Company conducts its business and regulatory actions. In addition,
these forward-looking statements are subject to assumptions as to
future business strategies and decisions that are subject to
change. The Company makes no guarantees or promises regarding
future results and assumes no responsibility to update such
forward-looking statements.
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