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BANKING / FINANCE

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Compiled by James S. Granelli, Times staff writer

Newport Balboa Savings has hired a local ad agency to develop a marketing strategy and to promote the Newport Beach institution’s commercial loan business.

The agency, Estey-Hoover Advertising & Public Relations in Newport Beach, is familiar with financial institutions. Among its previous clients are Household Bank, Mission Viejo National Bank, El Camino Bank and the defunct South Coast National Bank.

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