Business Directory: Details: Bank of Los Angeles California
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Website Address: http://www.business.com/directory/financ...
Website Description:
Bank Of Los Angeles California accepts all kinds of deposits and provides commercial and real estate loans and also provides personal, home improvement, automobile and other installment loans. The bank also also offers installment note collection, issues cashiers checks and money orders, sells traveller's checks and provides safe deposit boxes at all branches. The bank offers third party money market mutual funds to a select number of customers who have deposits in excess of FDIC insurance limits. The bank makes loan to individuals, professionals, real estate builders and developers, small and medium businesses. During the year 1997 the bank acquired American West Bank and Culver National Bank. Interest and fees on loans accounted for 69% of 1997 revenues; other interest income, 22% and non-interest income, 9%.
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