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THE END? The argument made by Bruce Baker a decade ago, when he was senior vice president of Washington Mutual Savings Bank, is being echoed throughout the nation today as [...]

Thrift Profits: Big Winners, Big Losers NEW YORK -- The old expression 'the rich get richer and the poor get poorer' describes the earnings performances of the nation's large thrift [...]

The largest 300 US thrifts are listed by state and by asset-size within a state for 1994. Total assets, asset rank, total deposits, and deposit rank as of Dec 31, 1994 are shown. Assets and deposits are shown in thousands of dollars along with US asset and deposit rank. New York State led other states with 44 thrifts, followed by California with 35, and several had none among the top 300 listed.

The 300 largest thrifts in the US in deposits are listed in order as of Dec 31, 1994. Total deposits for Dec 31, 1993 are given, along with rank as of 1994 and 1993 and change in rank. Deposit amounts are given in thousands of dollars. Home Savings of America, with deposits of $41,068,152,000, is the largest in the US followed by Great Western Bank FSB and World Savings and Loan Association.

BankAmerica Corp reported a 19% increase in 1st qtr, 1995 net income from the same period in 1994 to $611 million. An analyst with Goldman Sachs and Co noted that BankAmerica is likely to have continued loan growth through 1995. Great Western Financial Corp reported a 12% decline in quarterly net income from the same period in 1994 to $43.5 million. The decline was attributed to falling net interest margins on loans., Two of the West Coast's top financial institutions reported sharply differing first-quarter results on Wednesday. Lifted by robust loan growth, San Francisco-based BankAmerica Corp. reported that net income had grown [...]

WASHINGTON The thrift industry grew for the first time in six years, but its top regulator warned Friday that it may face extinction. The danger comes from the 'looming' prospect [...]

To gain public market access, institution had to switch regulators BRIDGEVILLE -- After roughly a year of relentless paper-shuffling, Bridgeville Savings Bank finally has received approval from federal regulators to [...]

A table is presented of the top 300 domestic thrift institutions ranked by asset size and grouped according to state. Total assets and total deposits are listed for each thrift as of Dec 31, 1993. Home Savings of America Federal Savings Bank of Irwindale, CA ranks as number one on the list with 1993 assets of $50,392,336,000 and deposits of $38,469,066. In second rank is Great Western Bank Federal Savings Bank of Chatsworth, CA with 1993 assets of $35,869,149 and deposits of $31,571,250,000.

Bad real estate loans from the go-go '80s continue to haunt Sacramento banks in the gone-gone '90s. The latest victim is Sunrise Bancorp. After fresh appraisals of commercial property showed [...]

California Federal Bank F.S.B.'s board of directors have requested the resignations of the bank's Chairman, Jerry St. Dennis, and the bank's President and CEO, William L. Callender. Although Calfed reported a 2nd qtr 1993 loss of $45.5 million, the board advised that the two executives were let go because they desired a leadership style that was aggressive. St. Dennis had been instrumental in rescuing Calfed from failure and keeping the federal government from taking over the thrift, SAN FRANCISCO -- Jerry St. Dennis, the thrift executive who pulled California Federal Bank from the brink of failure last year, has been forced out as chairman. The resignation, announced [...]

CenFed Pres Tad Lowery believes that southern California, in which the savings bank has many real estate investments, has yet to recover from the recession. Lowery refocused the bank's lending policies and is attempting to improve its already better than average financial standing.

Federal Savings Bank, Dover, has joined the Business Finance Authority to offer its Capital Access Program to qualifying small businesses in New Hampshire. This loan program is specifically designed to [...]