Coast announces completion of CBCC sale.LOS ANGELES--(BUSINESS WIRE)--Oct. 2, 1995--Coast Savings Financial Inc. (NYSE/PSE:CSA (1) (Canadian Standards Association, Toronto, Ontario, www.csa.ca) A standards-defining organization founded in 1919. It is involved in many industries, including electronics, communications and information technology. ), the holding company of Coast Federal Bank FSB, Monday reported that it has completed the sale of its subsidiary, CoastFed 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 ) to Imperial Credit Industries Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :ICII ICII Information Cultures and Information Interests (UNESCO conference) ). The sale was closed Sept. 30, 1995. The terms of the sale were not disclosed. Coast Savings Financial is the holding company of Coast Federal Bank FSB. With assets of $8.6 billion, Coast is one of the nation's largest thrift institutions and provides consumer banking services and residential real estate loans through 92 retail banking offices located throughout California. CONTACT: Coast Federal Bank FSB, Los Angeles Mark Neal/Priscilla Finch, 213/362-2134 |
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