Bay View Changing Stock Symbol.SAN MATEO, Calif.--(BUSINESS WIRE)--April 28, 1997--Bay View Capital Corporation is changing its Nasdaq stock symbol to "BVCC BVCC Blackstone Valley Chamber of Commerce (Whitinsville, Massachusetts) BVCC Buena Vista Construction Company " from "BVFS BVFS Bautechnische Versuchs- und Forschungsanstalt Salzburg (Salzburg, Austria) BVFS Brazos Valley Flight Services (College Station, TX) BVFS Bundesverband Freier Sachverständiger eV " effective May 1, 1997. Management said the new symbol is more representative of the company's emergence as a diversified financial services organization following several acquisitions during the last two years. Bay View Capital, with $3 billion in assets, is the holding company for Bay View Bank (BVB BVB Basler Verkehrsbetriebe BVB Ballspiel-Verein Borussia 1909 (German soccer club) BVB Belgische Voetbalbond BVB Bundesverband für Buero- und Informationssysteme BVB Boa Vista, Roraima, Brazil (Airport Code) ), California Thrift & Loan (CTL See control key. 1. CTL - Checkout Test language. 2. CTL - Compiler Target Language. 3. CTL - Computational Tree Logic ), and Concord Growth Corporation (CGC CGC Canine Good Citizen (AKC Dog Title) CGC Commission Géologique du Canada (Geological Survey of Canada) CGC Confédération Générale des Cadres (French labor union) ). The old symbol was more closely linked with the holding company's largest entity, Bay View Bank, which was known as Bay View Federal Savings & Loan Association when it became a stock institution in 1986. The holding company was formed in 1989. The bank changed its name to Bay View Federal Bank in 1990 and then to Bay View Bank earlier this month. Bay View Bank, founded in 1911, operates 27 full-service community banking centers in eight Bay Area counties: Alameda, Contra Costa, Marin, San Francisco, San Mateo, Santa Clara(1), Solano, and Sonoma. California Thrift & Loan, acquired by Bay View in June 1996, is a consumer finance company headquartered in Covina, Calif. The company originates high-quality, high-yielding consumer loans, primarily auto and real estate. CTL operates 19 offices throughout California and the western United States Noun 1. western United States - the region of the United States lying to the west of the Mississippi River West Santa Fe Trail - a trail that extends from Missouri to New Mexico; an important route for settlers moving west in the 19th century . Concord Growth Corporation is a commercial finance company. It was acquired by Bay View in March 1997. The company is a nationwide provider of asset-backed financing to small businesses ($500,000 - $2 million). CGC operates 13 loan product/sales offices throughout the United States. -0- (1) Note: the banking center at 54 West Covina Street, San Jose, will open in May 1997. CONTACT: Bay View Bank David Heaberlin, 415/312-7272 |
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