DOWNEY ANNOUNCES CRA OFFICER APPOINTMENTS
DOWNEY ANNOUNCES CRA OFFICER APPOINTMENTS NEWPORT BEACH, Calif., July 15 /PRNewswire/ -- Robert L. Kemper,
chief executive officer of Newport Beach-based Downey Savings and Loan Association (NYSE: DSL), today announced the appointment of three Community Reinvestment ("CRA") Assistants: Kelvin James, Rene Kakebeen and Gregory Matthews. Their primary responsibility is to ascertain and help meet the credit needs of the communities in which Downey conducts business, including low- to moderate-income neighborhoods.
James covers the counties of Santa Clara, Alameda and San Mateo and possesses valuable financial services experience. He was most recently a branch manager with HomeFed Bank in Campbell, Calif. James' expertise includes sales management, business development, training and customer service. Kakebeen's extensive residential and consumer lending expertise encompasses business development, underwriting, product development and audit with Community Bank of Victorville, Union Federal Savings and Bank of America. Kakebeen's primary focus will be Los Angeles County. Matthews will be responsible for San Diego, Riverside and San Bernardino counties. He most recently oversaw the consumer lending operation for HomeFed Bank in San Diego and was instrumental in the implementation of minority lending and community outreach programs. "Mr. James, Mr. Kakebeen and Mr. Matthews will play a vital role in communicating Downey's lending programs to the communities we serve. Downey is committed to promoting affordable housing, and offering lending programs designed to meet those needs. Our CRA assistants are a tangible sign of that commitment," noted Kemper. Downey Savings, with 50 offices throughout California, has $3.6 billion in assets. -0- 7/15/92 R /CONTACT: Angelika Mayman of Downey Savings and Loan Association, 714-854-3100/ (DSL) CO: Downey Savings and Loan Association ST: California IN: FIN SU: PER EH-JL -- LA010 -- 9527 07/15/92 12:02 EDT
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|Date:||Jul 15, 1992|
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