Great American and L.A. Federal agreed to merge.
- Share via
San Diego-based Great American First Savings Bank and Los Angeles Federal Savings Bank signed a definitive merger agreement, formalizing an earlier announcement. When the merger is complete--following regulatory, and possibly, shareholder and member approval--Los Angeles Federal will operate as a division of Great American. Its members will be offered shares of Great American common stock.
More to Read
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.