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Friday, Mar 31, 2023

Community-based bank holds opening

First California Bank held a grand opening ceremony for a new Glendale location Wednesday, undeterred by a national mortgage meltdown that has paralyzed other lenders. While many large banks have faltered under the weight of the sub-prime residential loan market, First California does not deal in residential loans and instead focuses on businesses, said C.G. Kum, the company’s president and chief executive. For the full story click www.glendalenewspress.com/articles/2009/03/03/business/gnp-bank02.txt

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