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Article: Pacerville, Calif.-Based El Dorado Wins Honor as Top Savings & Loan in West.
- Article from:
- Knight Ridder/Tribune Business News
- Article date:
- May 6, 1999
- Author:
CopyrightCOPYRIGHT 1999 Knight-Ridder/Tribune Business News. 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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Knight Ridder/Tribune Business News
May 5 -- Placerville-based El Dorado Savings Bank has received a research firm's highest ranking among savings and loans in the West.
"It says they've combined profitability with a well-managed balance sheet," Andy Hunt, a researcher with SNL Securities of Charlottesville, Va., said of the achievement. "They've kept cost low, got good returns on earnings and avoided problem assets. They have a well-disciplined operating policy."
A year earlier, the research firm's top 50 list of S&Ls in the West ranked El Dorado second behind First Federal Savings & Loan Association of McMinnville, Ore. For 1998, the two ...