BANK HEISTS REACH FOUR IN 2 WEEKS SAVINGS AND LOAN IS LATEST.Byline: Cecilia Chan Staff Writer THOUSAND OAKS Thousand Oaks, residential city (1990 pop. 104,352), Ventura co., S Calif., in a farm area; inc. 1964. Avocados, citrus, vegetables, strawberries, and nursery products are grown. - A man walked into the Hawthorne Savings and Loan savings and loan n. a banking and lending institution, chartered either by a state or the Federal government. Savings and loans only make loans secured by real property from deposits, upon which they pay interest slightly higher than that paid by most banks. branch Friday morning, demanded money from a teller and fled on foot. It was the fourth Conejo Valley The Conejo Valley is a region spanning both Southeastern Ventura County and Northwest Los Angeles County in Southern California, United States. It was discovered in 1542 by Spanish explorer Juan Rodriguez Cabrillo, and eventually became part of the Rancho El Conejo land grant by bank robbery in less than two weeks, authorities said. No one was injured in the 11:15 a.m. holdup, which authorities do not believe is related to the previous heists, including two in Thousand Oaks, considered one of the nation's safest cities of its size. ``It just hasn't been a good week,'' said FBI special agent Brent Robbins. For 1999, Ventura County reported eight bank robberies and two attempted robberies, he said. ``We have been quiet over the last couple of years,'' said Robbins. ``And here we have now four since the beginning of the year.'' The man entered the savings and loan at 973 S. Westlake Blvd., and demanded money from a teller, and although no weapon was seen, he indicated he had a gun in his waistband, said Thousand Oaks police spokesman Harold Hanley. The man then ran from the savings and loan southbound, fleeing with an undisclosed amount of money. Police arrived at the savings and loan a minute after they received a call and searched for the robber. The robber was described as a white man in his 20s with red hair, wearing sunglasses, a gray and green plaid flannel sweat shirt and blue jeans. This is the fourth bank robbery in the Conejo Valley this year and the second in Thousand Oaks. The Downey Savings and Loan in Westlake Village was robbed Feb. 7, and the California Federal Bank California Federal Bank, often abbreviated to "Cal Fed", was a savings and loan bank in California. It existed from 1926 until 2002, when its parent company Golden State Bancorp was acquired by Citigroup, resulting in the bank being merged into Citibank. in Agoura Hills was robbed Feb. 10. The Bank of America
Bank of America (NYSE: BAC TYO: 8648 ) is the largest commercial bank in the United States in terms of deposits, and the largest company of its kind in the world. in Thousand Oaks was robbed Feb. 18 when three masked men burst in and ordered 10 customers and employees to the floor. Robbins said there's little explanation for the sudden rash of robberies. ``It just happens to be that way,'' he said. ``Traditionally, banks would get hit with a rash (of robberies) and then be quiet.'' ``It's like the stock market; if we can dictate why it's going up like this, we would be rich people. We don't know Don't know (DK, DKed) "Don't know the trade." A Street expression used whenever one party lacks knowledge of a trade or receives conflicting instructions from the other party. .'' In Port Hueneme, a Washington Mutual Bank was robbed last month, and a suspect has been indicted INDICTED, practice. When a man is accused by a bill of indictment preferred by a grand jury, he is said to be indicted. in that case. The investigations into other cases are continuing, he said. CAPTION(S): 2 photos, map Photo: (1 -- 2 -- 1 -- ran in Conejo edition only) The Hawthorne Savings and Loan Association savings and loan association, type of financial institution that was originally created to accept savings from private investors and to provide home mortgage services for the public. The first U.S. savings and loan association was founded in 1831. on Westlake Boulevard in Thousand Oaks was the scene Friday of the fourth Conejo Valley bank robbery in two weeks. Below, the building displays a sign saying it is closed due to an emergency. Joe Binoya/Special to the Daily News Map: Bank Robberies |
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