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 CHATSWORTH, Calif., Jan. 3 /PRNewswire/ -- Great Western Bank today announced that it will consolidate 57 Southern California bank branches as a result of its recent HomeFed Bank acquisition. The consolidations will accelerate the integration of HomeFed's 119 branches and $4.1 billion in deposits into Great Western.
 In order to create the most efficient branch structure possible, 48 former HomeFed Bank branches are expected to be consolidated into Great Western branches and nine Great Western branches are expected to be consolidated into newly acquired HomeFed branches. Thirteen former HomeFed branches have already been closed. After consolidations, Great Western will retain 58 of the 119 branches acquired from the Resolution Trust Corp. on Dec. 3.
 The consolidations will be phased-in beginning Feb. 5 and are expected to be completed by late February. Customers will be notified by mail three to four weeks prior to any branch closures.
 "These branch consolidations were designed to ensure efficiencies and assure the highest level of customer service," said R. Phillip Altman, senior vice president, West Coast retail branch administration. "Thirty-nine of the 57 consolidations involve branches that are within one mile of each other."
 For information regarding new branch locations, or for the location of any Great Western branch, customers may telephone toll free, 800-GW-ASK-US.
 With assets of $37.6 billion, Great Western Financial Corp. is a diversified financial services company operating more than 1,100 mortgage lending, retail banking and consumer finance offices nationwide. The company's principal subsidiary, Great Western Bank, operates extensive banking branch networks in California and Florida.
 Note To Editors: Attached is a listing of branch consolidations by county.
 Branches to Close: Accounts Transferred to:
 (Subject to Review.
 Current as of 1/3/94)
 San Diego County
 Main Office (HF) SD - Broadway (GW)
 615 Broadway 701 Broadway
 San Diego, CA 92101 San Diego, CA 92101
 Escondido (GW) Escondido (HF)
 260 W. Grand Ave. 150 E. Valley Parkway
 Escondido, CA 92025 Escondido, CA 92025
 SD - Rancho Bernardo (GW) Rancho Bernardo (HF)
 16495 Bernardo Center Dr. 16789 Bernardo Center Dr.
 San Diego, CA 92128 San Diego, CA 92128
 Costa Verde (HF) La Jolla - Regents (GW)
 8410 Genessee Ave. 7728 Regents Rd.
 San Diego, CA 92122 San Diego, CA 92112
 Oceanside (HF) Oceanside (GW)
 3752 Mission Ave. 3748 Mission Ave.
 Oceanside, CA 92054 Oceanside, CA 92054
 Del Mar (HF) Solana Beach (GW)
 2770 Via De La Valle 607 Lomas Sante Fe
 Del Mar, CA 92104 Solana Beach, CA 92075
 Sports Arena (HF) SD - Point Loma (GW)
 3505 Sports Arena Blvd. 3609 Midway Dr.
 San Diego, CA 92110 San Diego, CA 92110
 Sweetwater Town & Country (HF) National City (GW)
 1704 Sweetwater Road 1130 Plaza Blvd
 National City, CA 91950 National City, CA 92050
 La Jolla Downtown (HF) La Jolla - Regents (GW)
 905 Pearl St. 7728 Regents Rd.
 La Jolla, CA 92037 San Diego, CA 92112
 Point Loma (HF) SD - Ocean Beach (GW)
 1155 Rosecrans St. 1881 Sunset Cliffs Blvd
 San Diego, CA 92106 San Diego, Ca 92107
 Scripps Ranch (HF) SD - Scripps Ranch (GW)
 10020 Scripps Ranch Blvd. 9994 Scripps Ranch Blvd
 San Diego, CA 92131 San Diego, CA 92131
 Carlsbad Poinsettia (HF) Carlsbad - Grand (GW)
 7020 Avenida Encinas 699 Grand Ave.
 Carlsbad, CA 92009 Carlsbad, CA 92008
 SD - North Park (GW) North Park (HF)
 3035 El Cajon Blvd. 3921 30th St.
 San Diego, CA 92104 San Diego, CA 92104
 SD - Clairemont (GW) Clairemont (HF)
 5074 Clairemont Dr. 5825 Balboa Ave.
 San Diego, CA 92117 San Diego, CA 92111
 SD - Mission Valley (GW) Mission Valley (HF)
 1900 Camino Del Rio North 5111 Mission Center Road
 San Diego, CA 92108 San Diego, CA 92108
 Carlsbad (GW) Carlsbad (HF)
 1801 Marron Road 2580 El Camino Real
 Carlsbad, CA 92008 Carlsbad, CA 92008
 Vista (GW) Vista (HF)
 1000 East Vista Way 905 S. Santa Fe Ave.
 Vista, CA 92083 Vista, CA 92083
 Poway (HF)(a) Carmel Mountain Ranch(HF)
 12411 Poway Road 11995 Carmel Mountain Rd.
 Poway, CA 92064 San Diego, CA 92128
 Parkway Plaza (HF)(a) El Cajon (HF)
 103 Fletcher Pkwy 200 S. Magnolia
 El Cajon, Ca 92020 El Cajon, Ca 92020
 La Mesa Downtown (HF)(a) Grossmont (HF)
 7995 University Ave. 5505 Grossmont Center Dr.
 La Mesa, CA 91941 La Mesa, CA 91941
 South Chula Vista (HF)(a) Chula Vista (HF)
 1305 3rd Ave. 501 H Street
 Chula Vista, Ca 91911 Chula Vista, CA 91910
 Rancho San Diego (HF)(a) Rancho San Diego East(HF)
 3815 Avocado Blvd. 2644 Jamacha Road
 La Mesa, Ca 91941 El Cajon, Ca 92019
 Pacific Plaza (HF)(a) Pacific Beach (HF)
 1780 Garnet Ave. 1000 Garnet Ave.
 San Diego, CA 92109 San Diego, CA 92109
 Del Cerro (HF)(a) College Center (HF)
 6302 Del Cerro Bl 6080 El Cajon Blvd.
 San Diego, CA 92120 San Diego, CA 92115
 Marketplace at the Grove (HF)(a) College Center (HF)
 3490 College Ave. 6080 El Cajon Blvd.
 San Diego, CA 92115 San Diego, CA 92115
 Bonita Pointe Plaza (HF)(a) Bonita (HF)
 770 Otay Lake Road 4500 Bonita
 Chula Vista, CA 91910 Bonita, CA 91902
 Park & University (HF)(a) North Park (HF)
 3904 Park Blvd. 3921 30th Street
 San Diego, CA 92103 San Diego, CA 92104
 San Diego State University (HF)(a) College Center (HF)
 5300 Campanile Drive 6080 El Cajon Blvd.
 San Diego, CA 92182 San Diego, CA 92115
 Del Mar Heights (HF) Solana Beach (GW)
 2602 Del Mar Heights Road 607 Lomas Santa Fe
 Del Mar, CA 92014 Solana Beach, CA 92075
 Orange County
 Dana Point (HF)(a) San Juan Capistrano (HF)
 32595 Golden Lantern 31972 Camino Capistrano
 Dana Point, CA 92629 San Juan Capistrano 92675
 U.C. Irvine (HF)(a) Irvine (HF)
 UCI Student Center 4543 Campus Drive
 Suite E200 Irvine, CA 92715
 Irvine, CA 92717
 Laguna Hills (HF) Laguna - A/S (GW)
 24300 Paseo De. Valencia 24100 El Toro Road
 Laguna Hills, CA 92653 Laguna Hills, CA 92653
 Laguna Niguel (HF) Laguna Niguel (GW)
 30160 Town Center Dr. 28131 Crown Valley Prkwy
 Laguna Niguel, CA 92677 Laguna Niguel, CA 92677
 Tustin (HF) Tustin (GW)
 18231 Irvine Blvd., Ste. 100 13031 Newport Ave.
 Tustin, CA 92680 Tustin, CA 92680
 Newport Beach (HF) Newport Beach (GW)
 1100 Newport Center Dr. 450 Newport Center Dr.
 Newport Beach, CA 92660 Newport Beach, CA 92660
 South Coast Metro (HF) Costa Mesa (GW)
 3600 South Bristol St. 3200 Park Center Dr.
 Santa Ana, CA 92704 Costa Mesa, CA 92626
 Rancho Niguel (HF) Laguna Niguel (GW)
 28211 Crown Valley Pkwy. 28131 Crown Valley Pkwy
 Laguna Niguel, CA 92677 Laguna Niguel, CA 92677
 Irvine Culver (HF) Irvine Barranca (GW)
 15323 Culver Drive 3978 Barranca Pkwy.
 Irvine, CA 92714 Irvine, CA 92714
 Santa Ana (GW) Santa Ana (HF)
 1418 North Main St. 1701 N. Main St.
 Santa Ana, CA 92701 Santa Ana, CA 92701
 Seal Beach (HF) Seal Beach (GW)
 1350 Pacific Coast Hwy. 2999 Westminster Ave.
 Seal Beach, CA 90740 Seal Beach, CA 90740
 La Habra (HF) Whittier (GW)
 1050 S. Beach Blvd. 15175 E. Whittier Blvd.
 La Habra, CA 90631 Whittier, CA 90603
 Villa Park (HF) Orange (GW)
 17781 Santiago Blvd. 1915 N. Tustin St.
 Villa Park, CA 92667 Orange, CA 92665
 Orange (HF) Orange (GW)
 1302 N. Tustin St. 1915 N. Tustin St.
 Orange, CA 92667 Orange, CA 92665
 Buena Park (HF) Buena Park (GW)
 5470 South Beach Blvd. 8020 Stanton Ave.
 Buena Park, CA 90621 Buena Park, CA 90620
 Mission Viejo - Alicia (HF) Mission Viejo (GW)
 23482 Alicia Pkwy. 27752 Vista Del Lago
 Mission Viejo, CA 92691 Mission Viejo, CA 92692
 Los Angeles County
 Arcadia (HF) Arcadia (GW)
 660 W. Huntington Dr. 700 W. Huntington Dr.
 Arcadia, CA 91006 Arcadia, CA 91007
 Diamond Bar (HF) Diamond Bar (GW)
 1175 S. Grand Ave. 315 Diamond Bar Blvd.
 Diamond Bar, CA 91765 Suite A
 Diamond Bar, CA 91765
 West Covina (HF) West Covina (GW)
 1400 W. Covina Pkwy. 1036 W. Covina Pkwy.
 West Covina, CA 91790 West Covina, CA 91790
 Glendale (HF) Glendale (GW)
 275 W. Broadway 500 N. Glendale
 Glendale, CA 91204 Glendale, CA 91206
 Topanga Canyon (HF) Canoga Park (GW)
 6645 Topanga Cyn. Blvd. 6633 Topanga Cyn Blvd.
 Canoga Park, CA 91303 Canoga Park, CA 91303
 Palos Verdes (HF) Rolling Hills (GW)
 450 Silver Spur Road 27525 Crossfield Dr.
 Palos Verdes, CA 90274 Rolling Hills Estates,
 Northridge (HF) Granada Hills (GW)
 18540 Devonshire St. 17851 Chatsworth St.
 Northridge, CA 91324 Granada Hills, CA 91344
 Torrance (HF) Torrance - Del Amo (GW)
 22200 Hawthorne Blvd. 21241 Hawthorne Blvd.
 Torrance, CA 90505 Torrance, CA 90503
 Lawndale (HF) Torrance - South Bay (GW)
 17100 Hawthorne Blvd. 17400 Hawthorne Blvd.
 Lawndale, CA 90260 Torrance, CA 90504
 Calabasas (HF) Calabasas (GW)
 23586 Calabasas Rd., Ste. 100 23703 Calabasas Rd.
 Calabasas, CA 91302 Calabasas, CA 91302
 Sherman Oaks (HF) Encino (GW)
 15301 Ventura Blvd. 15612 Ventura Blvd.
 Sherman Oaks, CA 91403 Encino, CA 91436
 Agoura Hills (HF) Agoura SMB (GW)
 5875 Kanan Rd. 5671 Kanan Rd.
 Agoura Hills, CA 91301 Agoura Hills, CA 91301
 Valencia (HF) Valencia (GW)
 25950 McBean Parkway 25882 McBean Parkway
 Valencia, CA 91355 Valencia, CA 91355
 Palmdale (HF) Palmdale (GW)
 1006 E. Palmdale Blvd. 261 West Avenue P
 Palmdale, CA 93550 Palmdale, CA 93551
 Lancaster (HF) Lancaster (GW)
 831 W. Lancaster Blvd. 1104 West Avenue K
 Lancaster, CA 93534 Lancaster, CA 93534
 Ventura County
 North Ranch Mall (HF) Westlake (GW)
 3825 H. East Thousand Oaks Blvd. 3960 E. Thousand Oaks
 Westlake Village, CA 91362 Boulevard
 Westlake, CA 91362

 Camarillo (HF) Camarillo (GW)
 520 Arneill Road 2300 Ponderosa Dr.
 Camarillo, CA 93010 Camarillo, CA 93010
 Buena Ventura (HF) Ventura (GW)
 3498 Telegraph Road 355 South Mills Rd.
 Ventura, CA 93003 Ventura, CA 93003
 Simi Valley (HF) Simi Valley (GW)
 2860 Cochran St. 2853 E. Cochran St.
 Simi Valley, CA 93065 Simi Valley, CA 93065
 Santa Barbara County
 Santa Barbara (HF) Santa Barbara (GW)
 936 State St. 1302 State St.
 Santa Barbara, CA 93101 Santa Barbara, CA 93101
 Santa Maria (GW) Santa Maria (HF)
 1203 South Broadway 101 S. Broadway
 Santa Maria, CA 93454 Santa Maria, CA 93454
 San Luis Obispo County
 Central Coast Plaza (HF) SLO - Madonna (GW)
 305 Madonna Rd. 297 Madonna Rd.
 San Luis Obispo, CA 93401 San Luis Obispo, CA 93401
 Pismo Beach (HF) Arroyo Grande (GW)
 790 Price St. 1242 Grand Ave.
 Pismo Beach, CA 93449 Arroyo Grande, CA 93420
 San Luis Obispo (HF) SLO - Downtown (GW)
 1135 Santa Rosa St. 1235 Chorro St.
 San Luis Obispo, CA 93401 San Luis Obispo, CA 93401
 Grover Beach (HF) Arroyo Grande (GW)
 1580 Grand Ave. 1242 Grand Ave.
 Grover Beach, CA 93433 Arroyo Grande, CA 93420
 HF -- HomeFed Bank
 GW -- Great Western Bank
 (a) Closed on 12/3/93
 -0- 1/3/94 R
 /CONTACT: John Tomakin, 818-775-3657, or Steve Hawkins, 818-775-3766/

CO: Great Western Bank ST: California IN: FIN SU:

EH-JB -- LA014 -- 8616 01/03/94 16:22 EST
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Publication:PR Newswire
Date:Jan 3, 1994

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