Friendly Hills Bank Establishes a Full Service Construction Loan Department
February 01 2008 - 8:00AM
PR Newswire (US)
WHITTIER, Calif., Feb. 1 /PRNewswire-FirstCall/ -- Friendly Hills
Bank (OTC:FHLB) (BULLETIN BOARD: FHLB) is pleased to announce that
it has established a full service construction loan department. The
department will be headed by Senior Vice President/Manager, Fred O.
Cartozian, who has over 40 years of real estate/construction
lending experience. The construction team will include Vice
Presidents Michael S. Barnett and Maribel G. Flores. They will be
handling all types of construction lending to include single family
and commercial development, as well as rehabilitation loans for
single family residences. "Fred Cartozian and his group are
seasoned bankers who have a solid customer base in our local and
surrounding communities," commented Jeffrey K. Ball, Chief
Executive Officer of the Bank. "Despite current economic
conditions, our focus on relationship banking has provided us with
continued opportunities to service strong and experienced
developers on sound projects. Fred is a highly respected
construction lender in our service area who brings with him a team
of professionals who share Friendly Hills Bank's core values of
exceptional client service and integrity." Friendly Hills Bank is a
community bank which was formed to primarily serve the Southern
California communities of Whittier, La Habra, Santa Fe Springs and
La Habra Heights, as well as the surrounding markets of Los Angeles
and Orange Counties. Focused on serving businesses and
professionals, the Bank was established in 2006 by prominent
members of the local community who were seeking an alternative to
the larger financial institutions in the area. The bank is
headquartered at 16011 E. Whittier Blvd. in Whittier, California.
For more information on the Bank, please visit
http://www.friendlyhillsbank.com/ or call 562-947-1920. DATASOURCE:
Friendly Hills Bank CONTACT: Jeffrey K. Ball, Chief Executive
Officer, or George W. Peterson, Chief Financial Officer, both of
Friendly Hills Bank, +1-562-947-1920 Web site:
http://www.friendlyhillsbank.com/
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