ADVISORY/Cal Fed Bank, NAACP, Others Unveil Artwork -- `Quiet Courage' -- To Celebrate Rosa Parks' Achievements & Black Heritage During Black History Month.

News/Assignment Editors

ADVISORY...for Thursday (Feb. 21)

--(BUSINESS WIRE)

WHAT:       Cal Fed Bank, together with the Beverly Hills/Hollywood
            Chapter of the NAACP, the artist Jameel Rasheed, Pearl
            Devers, producer of "The Rosa Parks Story," and others
            will install the serigraph, "Quiet Courage," during a
            community event on February 21.

            The artwork celebrates Rosa Parks' famed moment of triumph
            in 1955, when she asserted her civil rights by refusing to
            relinquish her seat on a segregated bus in Montgomery,
            Alabama. "Quiet Courage" is being considered for an
            upcoming stamp from the U.S. Postal Service.

            Cal Fed will also introduce its Black Heritage Scholarship
            for high school seniors.

            A Director of the Rosa & Raymond Parks Institute will
            deliver remarks from Rosa Parks herself. Pearl Devers,
            producer of the "Rosa Parks Story," premiering this week,
            will deliver remarks about the installation and on Black
            Heritage. On Friday, the Beverly Hills/Hollywood Chapter
            of the NAACP will host the premiere of the film produced
            by Ms. Devers.

            The artwork, "Quiet Courage," will be permanently
            installed at the event site, a Cal Fed branch in downtown
            Los Angeles. The intent is to bring the spirit of Black
            Heritage to all visitors to this branch -- not just for a
            month, but for 365 days per year.

WHO:        Ron Hasson, president of the Beverly Hills/Hollywood
             Chapter of the NAACP
            Presentation by Rosa & Raymond Parks Institute
            Pearl Devers, producer, "The Rosa Parks Story"
            Jameel Rasheed, artist, "Quiet Courage"
            Scott Kisting, president of retail and commercial banking
             for Cal Fed Bank
            Ene D. Taylor, editor-in-chief, CYH (Celebrating Your
             Heritage) magazine
            Tina Andrews, writer/producer; credits include "Soul
             Food," Why Do Fools Fall in Love?"
            Prentice Deadrick, assistant city manager for the City of
             Pasadena
            Mayor's Hahn's office will make a presentation to Jameel
             Rasheed

WHERE:      Cal Fed
            624 South Grand Avenue/Los Angeles, 90017

WHEN:       12:30 to 1:10 p.m.: Serigraph unveiling, speaker
            presentations and remarks; reception following

INFO:       Other editions of "Quiet Courage" are installed in the
            Library of Congress, City Hall in Boston, Mass., in five
            churches in Alabama, including Dr. Martin Luther King's
            church, in the Los Angeles office of the Urban League, and
            other select locations that speak to black history and
            heritage. It is also displayed in the offices and homes of
            government officials.

CAL FED:    Cal Fed Bank has corporate offices in San Francisco,
            Glendale and Sacramento. The majority of the bank's 356
            branches are in the greater Los Angeles area. Cal Fed is
            the third largest savings and loan in the country in terms
            of assets. Cal Fed is also the third largest financial
            institution headquartered in California, with
            approximately $56 billion in assets and $25 billion in
            deposits. More information can be obtained at the Cal Fed
            Website, www.calfed.com.