Los Angeles Hibernian Bank Explained

Los Angeles Hibernian Bank
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Hq Location City:Los Angeles, California
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Los Angeles Hibernian Bank was a Los Angeles–based banking company. In 1988 was put up for sale by its Hong Kong–based parent First Pacific Holdings. Security Pacific agreed to buy Hibernian Bank for an agreed figure of $160 million; included in the sale was their approximate 35 branches.[1]

At the time of the sale, Hibernian Bank was the 13th-largest bank in the state of California, with assets of $1.57 billion.

Notes and References

  1. News: Security Pacific Agrees to Buy Hibernia Bank . LA Times . 2018-07-13 . 1988-03-01.