First Federal Bank of California today announced the opening of its
thirty-eighth retail banking office located at 704 S. State College
Boulevard in Anaheim, California.
According to Shannon Millard, President of Retail Banking, “In
keeping with our branch expansion plan, our Anaheim/State College branch
is our fifth branch opening this year and we have an additional two
branches slated to open by year-end.” She
continued, “With the goal of providing
individuals and businesses alike with the financial products and
services they need to help them manage, save, invest and borrow better
so our clients can live better, we’re opening
branches in communities in which we know we can make a difference.”
Ms. Millard further commented, “Our one-on-one
approach to banking and client service has served us, and the
communities we serve, very well for the past eight decades.”
With over twenty-five years of banking experience, one of First Fed’s
seasoned Branch Managers, Ketty Givargis, is transferring from the Bank’s
Mission Viejo branch to lead the Anaheim/State College branch team.
Locally managed and financially strong, First Fed’s
core and risk-based capital ratios at June 30, 2008 are significantly
above the FDIC’s “well-capitalized”
minimums of 5% and 10% at 9.45% and 17.83%, respectively.
Headquartered in Los Angeles, California, First Federal Bank of
California is a subsidiary of FirstFed Financial Corp. (NYSE:FED).
This news release contains certain forward-looking statements made
pursuant to the safe harbor provisions of the Private Securities
Litigation Act of 1995. These forward-looking statements are subject to
various factors, many of which are beyond the Company's control, which
could cause actual results to differ materially from such statements.
Such factors include, but are not limited to, the general business
environment, interest rate fluctuations, the availability of branch
opening opportunities, competitive conditions in the business and
geographic areas in which the Company conducts its business and
regulatory actions. In addition, these forward-looking statements are
subject to assumptions as to future business strategies and decisions
that are subject to change. The Company makes no guarantees or promises
regarding future results and assumes no responsibility to update such
forward-looking statements.
First Federal Bank of California
Evon Rosen, SVP-Marketing
310-302-5600
