Group Pushes Plan for New Bank

Summary


WHITTIER - Jeffrey K. Ball, grandson of a prominent early Whittier family, has gathered a group of high profile local leaders who are in the process of organizing the city's first new bank in 42 years.

One of three public bank organizational meetings will be held at 6:30 tonight at Whittier's Radisson Hotel, where bank organizers and officers will answer questions about the proposed financial institution and will offer stock for sale to founding shareholders. The next meeting will be at the same time and place on Wednesday.

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Extract


Group Pushes Plan for New Bank

As of Feb. 1, the "bank in organization" began selling stock. They must raise between $12 million and $15 million of ca...

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