BANKING & FINANCE - June 10, 1991
From Times Staff and Wire Reports
The Resolution Trust Corp. has approved the sale of two troubled California thrifts--Rancho Bernardo Federal Savings Bank and Liberty Federal Savings Bank--to financial institutions. Rancho Bernardo’s branches and its $101 million in assets were acquired by La Jolla Bank of La Jolla and International Savings Bank of San Diego. Liberty Federal Savings Bank of Montebello was sold to Commerce National Bank of City of Commerce.
