American establishes trust fund for murder victim's children.IRVINE, Calif.--(BUSINESS WIRE)--June 12, 1997--American Savings Bank savings bank, financial institution that, until recently, performed only the following functions: receiving savings deposits of individuals, investing them, and providing a modest return to its depositors in the form of interest. has established a trust account in memory of American employee and murder victim Yolanda Hubbard to benefit her three surviving children. The account was opened with $5,000 and American provided funds to defray de·fray tr.v. de·frayed, de·fray·ing, de·frays To undertake the payment of (costs or expenses); pay. [French défrayer, from Old French desfrayer : des-, funeral expenses. Hubbard, a loan consultant at American's Anaheim loan center, was shot in an apparent domestic dispute last weekend in Rancho Cucamonga Rancho Cucamonga (răn`chō k  'kəmäng`gə), city (1990 pop. 101,409), San Bernardino co., S Calif. . The children's father is now in police custody for the
crime.
"Yolanda was a bright light in our office; just having her around made everyone smile," said Eric Frazier, Anaheim loan center manager. "Even though she was with us just a short time, she had a positive and lasting influence on our team. We will miss her terribly." An employee-sponsored fund, called "Americans Taking Care of Their Own," contributed the $5,000. This fund is supported with employee donations and matched by the company to help other employees and their families who are in need. American Savings Bank seeded the account with an initial amount to defray funeral expenses. Donations can be made to the Children of Yolanda Hubbard Trust Fund, Account No. 33583808 at any American Savings Bank branch in California California (kăl'ĭfôr`nyə), most populous state in the United States, located in the Far West; bordered by Oregon (N), Nevada and, across the Colorado River, Arizona (E), Mexico (S), and the Pacific Ocean (W). . The trust fund will benefit Hubbard's three surviving children, 3-year-old twins and a 5 year old. American Savings Bank has 158 retail offices in California, and more than 70 loan offices in Arizona Arizona (âr'əzō`nə), state in the southwestern United States. It is bordered by Utah (N), New Mexico (E), Mexico (S), and, across the Colorado R., Nevada and California (W). , California, Colorado and Nevada. For the nearest American Savings Bank location call 1-800-755-7000. American Savings Bank is part of Seattle-based Washington Mutual “WaMu” redirects here. For the Washington, DC radio station, see WAMU. Washington Mutual (or WaMu; NYSE: WM) is the United States' largest savings and loan association. Inc. CONTACT: American Savings Bank, Irvine Dianne Seeber, 714/252-4267 Fax: 714/252-4283 |
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