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Article: First Bank of Beverly Hills, FSB, Acquires Los Angeles-Based Commercial Mortgage Originator.
- Article from:
- Business Wire
- Article date:
- October 13, 1998
CopyrightCOPYRIGHT 1998 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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PORTLAND, Ore. and BEVERLY HILLS, Calif.--(BUSINESS WIRE)-- October 13, 1998--First Bank of Beverly Hills, FSB, a subsidiary of Wilshire Financial Services Group Inc. (Nasdaq:WFSG), today announced that it has acquired George Elkins Mortgage Banking Company. Headquartered in Los Angeles, George Elkins originates commercial mortgages through four Southern California branches. Terms of the transaction were not disclosed. The purchase is expected to be accretive to First Bank's 1999 earnings. Key George Elkins executives Jeffrey Hudson and Steven Hinds are expected to stay on under the agreement.
"This acquisition represents an exciting opportunity for First Bank of ...
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Article: First Bank of Beverly Hills, F.S.B. Board of ...
Business Wire;
July 10, 2001 ;
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... ... July 10, 2001 The Board of Directors of First Bank of Beverly Hills, F.S.B., wholly-owned by Wilshire Financial Services ... recently announced sales of the Bank's Bankcard Processing and George Elkins Mortgage Banking divisions. We wish Dick all the best in ...
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