Banking
Feb. 10, 2004
Merger Will Save Money, Add Services, Banks Say
California banks Commercial Capital Bancorp Inc. and Hawthorne Financial Corp. are joining forces. Under a deal announced in late January, Irvine-based Commercial Capital will buy Hawthorne Financial of El Segundo for $493 million. The banks will have combined assets of $4.4 billion.
Under a deal announced in late January, Irvine-based Commercial Capital will buy Hawthorne Financial of El Segundo for $493 million. The banks will have combined assets of $4.4 billion.
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