First Network Savings Bank, a Los Angeles...
From Times Staff and Wire Reports
First Network Savings Bank, a Los Angeles thrift seized by state regulators in January, was placed under the control of the federal Resolution Trust Corp. . . . After months of fierce debate, a Pennsylvania bill said to be the nation’s toughest anti-takeover measure is set for a final vote this week in the state Legislature . . . Long Grove, Ill.-based Kemper Corp. said it has established a $19.7-million loan-loss reserve to cover severe weather-related losses in its re-insurance and property-casualty insurance segments for the first quarter of 1990.
