Security Pacific Gets Its Start on Main St.

Security Trust & Savings Bank opened at 148 S. Main St. Co-founder Joseph Francis Sartori went on to become one of Los Angeles’ leading bankers and was still chairman of Security when he died in 1946 at age 87. After several mergers and name changes, the company Sartori helped found, by then known as Security Pacific National Bank, built a 54-story headquarters atop Bunker Hill in 1974. It was the tallest building in the city at the time. In 1992 the bank completed its merger with Bank of America, and Security’s name passed into history at age 103.