First Foundation Buys Branches

Friday, October 14, 2016

Irvine-based First Foundation Inc. has agreed to acquire two Pacific Western Bank branches, located in Laguna Hills and Seal Beach.

No loans will transfer to First Foundation in the transaction. The bank gets only the branches’ combined deposits of $200 million by year-end.

Terms of the transaction were not disclosed.

Click here for the complete article.

Category: (none)