DFI Monthly Bulletin – April 2004

Apr 1, 2004

Volume 7, Number 10

National Community Development Lending School

The Federal Reserve Bank of San Francisco and the Federal Reserve Bank of Minneapolis have
announced that the 2004 National Community Development Lending School (NCDLS) will be held at the
University of Minnesota, Minneapolis, July 18-22.
Now in its eighth year, NCDLS brings together community development professionals for five days of
intensive credit training. Students choose three seminars from five lending areas: single-family, multifamily, community facilities, commercial real estate, and small business. Courses are taught by nationally
regarded lenders from major financial institutions, and the curriculum stresses practical and innovative
methods that are the basis for sound and profitable underwriting.
To download a copy of the brochure and application, please go to:
If you would like more information about NCDLS or would like a hard-copy of the brochure mailed to
you, please contact Bruce Ito at (415) 974-2422, or bruce.ito@sf.frb.org.
Enrollment in NCDLS is limited to 50 students, so apply early to enhance your chances of acceptance.
Applications are due by June 15, 2004.
2 Monthly Bulletin April 2004
Transmitter of Money Abroad Voluntarily
Surrenders License
Ecuaworld Travel Agency, Inc., based in Los Angeles, California has voluntarily surrendered its license
effective April 5, 2004. Consumers who wish to file a claim should call the DFI Consumer Information
Desk’s toll free number, 1-800-622-0620 or email consumer@dfi.ca.gov. Consumer complaint forms are
available at:
Commercial Bank Activity
New Bank
Bank of Santa Clarita
27441 Tourney Road, Santa Clarita, Los Angeles County
Correspondent: James D. Hicken
c/o Carpenter & Company
5 Park Plaza, Suite 950
Irvine, CA 92614
Phone: (661) 733-5099
Filed: 3/26/04
Approved: 4/28/04
First Community Bank
438 First Street, Santa Rosa, Sonoma County
Correspondent: William P. Gallaher
220 Concourse Blvd
Santa Rosa, CA 95403
(707) 535-3200
Filed: 4/26/04
Pacific Valley Bank
In the vicinity of Main Street and John Street, Salinas, Monterey County
Correspondent: James H. Avery
PO Box 3009, San Luis Obispo, CA 93403
Phone: (805) 544-5477
Approved: 4/22/04
3 Monthly Bulletin April 2004
New Bank (Continued)
Point Loma Community Bank
1350 Rosecrans Street, San Diego, San Diego County
Correspondent: Joseph D. Reid III
Capitol Bancorp Ltd.
200 Washington Square North
Lansing, MI 48933
Phone: (517) 487-6555
Approved: 4/27/04
Community First National Bank, Fargo, North Dakota, with and into Bank of the West, San Francisco
Filed: 4/27/04
Hacienda Bank, Santa Maria, with and into Heritage Oaks Bank, Paso Robles
Filed: 4/14/04
Pacific Crest Bank, Agoura Hills, with and into Pacific Capital Bank, National Association, Santa Barbara
Effected: 3/5/04
Pacific Union Bank, Los Angeles, with and into Hanmi Bank, Los Angeles
Approved: 4/6/04
Taft National Bank, Taft, with and into United Security Bank, Fresno
Effected: 4/23/04
Purchase of Partial Business Unit
Center Bank, Los Angeles, to acquire the Chicago Branch of Korea Exchange Bank, Chicago
Effected: 4/23/04
Acquisition of Control
Brian K. Garrett, to acquire control of Community Bank of the Bay, Oakland
Filed: 4/27/04
Sweeney Family Trust, to acquire control of First Regional Bank, Los Angeles
Approved: 11/5/03
Wilshire Bancorp, Inc. to acquire control of Wilshire State Bank, Los Angeles
Filed: 4/12/04
Approved: 4/16/04
4 Monthly Bulletin April 2004
Industrial Bank Activity
New Bank
Independence Bank (Formerly Patriot Bank)
Near the intersection of Michelson Drive & Jamboree Road, Irvine, Orange County
Correspondent: Grace K. Wickersham
Carpenter & Company
Five Park Plaza, Suite 950
Irvine, CA 92614-8527
Phone: (949) 261-8888
Approved: 4/20/04
Pentech Bank
910 East Hamilton Avenue, Suite 150, Campbell, Santa Clara County
Correspondent: James Ochsner
49 Woodhill Drive
Redwood City, CA 94061-1826
Phone: (650) 369-0978
Withdrawn: 4/12/04
Premium Finance Company Activity
New Premium Finance Company
Craftsman Financial Services, Inc.
9840 Business Park Drive, Sacramento, Sacramento County
Approved: 3/17/04
Opened: 4/26/04
Cypress Premium Funding, Inc.
12821 Newport Avenue, Laguna Niguel, Orange County
Approved: 3/18/04
Express Premium Finance Corporation
23441 South Point Drive, Suite 220, Laguna Hills, Orange County
Approved: 4/29/04
JLJ Premium Finance Corporation
6046 Cornerstone Court West, Suite 202, San Diego, San Diego County
Approved: 3/18/04
Opened: 4/29/04
5 Monthly Bulletin April 2004
New Premium Finance Company (Continued)
Monarch Premium Resources, Inc.
25291 Via Piedra Roja, Laguna Niguel, Orange County
Filed: 4/29/04
Pacific Alliance Premium Finance, Inc.
2501 East Chapman Avenue, Suite 100, Fullerton, Orange County
Filed: 4/16/04
Premier Financing Corp.
120 West Bonita Avenue, Suite 201-E, San Dimas, Los Angeles County
Filed: 4/29/04
Foreign (Other Nation) Bank Activity
New Office
515 South Flower Street, 22nd Floor, Los Angeles, Los Angeles County (Wholesale Branch)
Filed: 4/28/04
Approved: 4/29/04
Opened: 4/30/04
(In connection with the acquisition of Credit Lyonnais by Credit Agricole Indosuez)
DePfa Bank
San Francisco, San Francisco County (Representative Office)
Filed: 4/7/04
Nacional Financiera, S.N.C.
900 North Broadway, 10th Floor, Santa Ana, Orange County (Representative Office)
Filed: 3/26/04
Purchase of Partial Business Unit
Liu Chong Hing Bank, Ltd., to acquire and assume certain assets and liabilities of the San Francisco
depositary agency of Chekiang First Bank
Filed: 4/8/04
Approved: 4/15/04
6 Monthly Bulletin April 2004
Discontinuance of Office
Credit Lyonnais
515 South Flower Street, 22nd Floor, Los Angeles, Los Angeles County (Wholesale Branch)
Filed: 4/28/04
Approved: 4/29/04
Discontinued: 4/30/04
(In connection with the acquisition of Credit Lyonnais by Credit Agricole Indosuez)
Voluntary Surrender of License
Korea Exchange Bank
777 South Figueroa Street, Los Angeles, Los Angeles County (Nondepositary Agency)
Effected: 4/27/04
Credit Union Activity
Verizon Employees Federal Credit Union, Los Alamitos, into Orange County’s Credit Union, Santa Ana
Filed: 4/6/04
Field of Membership
Seven credit unions received approvals to add 26 new fields of membership during March 2004.
Amendment of Articles of Incorporation
Four credit unions received approvals for four amendments of articles of incorporation during March
Bylaw Amendment
Three credit unions received approval for three bylaw amendments during March 2004.
7 Monthly Bulletin April 2004
Transmitter of Money Abroad Activity
New Transmitter
International Remittance (USA) Corporation
Licensed: 4/7/04
Samso’s Express Money Transfer, Inc.
Licensed: 3/22/04
Commissioner of Financial Institutions
Bulletin for Month ended
April 2004, issued pursuant
to Financial Code, Section 258
The Monthly Bulletin is available without charge via e-mail. To subscribe, go to http://www.dfi.ca.gov/bulletin/subscription/public.asp. To
unsubscribe, send a blank e-mail to leave-dfi_public@blizzard.sparklist.com. Contact the list administration team at bulletin@dfi.ca.gov