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Coast Fed Business Credit Corp. names new vice president.


LOS ANGELES--(BUSINESS WIRE)--March 27, 1995--Coast Fed Business Credit Corp. (CBCC CBCC Community Based Child Care
CBCC Colorado Black Chamber of Commerce
CBCC Cloudbase Country Club (governing body of hang gliding sites in western WA)
CBCC Conviction By Civil Court
), the asset-based lending Asset-Based Lending

A business loan secured by collateral (assets). The loan, or line of credit, is secured by inventory, accounts receivable and/or other balance-sheet assets.

Also known as "commercial finance" or "asset-based financing".
 subsidiary of Coast Federal Bank, has named Bay Fetner as its new vice president.

Prior to joining CBCC, Fetner was senior vice president of Congress Financial Corp., where he supervised marketing and training for the firm's Western region and directed all loan closings.

Coast Fed Business Credit Corp. (CBCC) is a subsidiary of Coast Federal Bank, a federal savings bank Noun 1. federal savings bank - a federally chartered savings bank
FSB

savings bank - a thrift institution in the northeastern United States; since deregulation in the 1980s they offer services competitive with many commercial banks
 with assets of $8.2 billion and 92 retail banking and lending offices in California.

CONTACT: Coast Federal Bank, Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850.  

Jack Baruch, 310/820-6681
COPYRIGHT 1995 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1995, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Mar 27, 1995
Words:100
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