| Quaker City Bank |
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1930’s: Federal charter granted in name of Quaker City Federal Savings and Loan Association. W. H. Kimball, Charles E. Cole and C. A. Carden occupy Presidential office. 1950’s: New building erected on Greenleaf Avenue; DW Ferguson becomes president. 1960’s: Erected current building at 7021 Greenleaf Avenue; Largest single branch Savings & Loan in California with $35-$40 million in assets (1968). 1970’s: First offsite branch opens in East Whittier; 4 more will open during this decade; JL Thomas becomes President. 1980’s: Uptown Whittier branch moves to new building; 2 more branch offices open; Whittier takes direct hit by 6.7 earthquake. 1990’s: 4 more branch offices opened; Company converts to public entity held by Quaker City Bancorp, Inc. and is traded on the NASDAQ under the symbol QCBC (1993); Rick McGill becomes President. 2000: Name changed to Quaker City Bank; first in-store branch open inside Wal-Mart stores. 15 more in-store branches open during next 4 years. 2004: Quaker City Bank's shareholders agree to sell all common stock to the North American Division of Banco Popular . Quaker City Bank changes its name once again to: Quaker City Bank, a Division of Banco Popular North America. 2005: February 11th Quaker City Bank ends more than 80 years of service under the familiar name, and reopens its doors on February 14th as Banco Popular North America, making California the largest division in the company, with 48 branches, 19 inside Wal-Mart stores. |
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