California’s S&Ls; posted record profits.
- Share via
The state’s associations earned nearly $376 million in the third quarter, the best three-month period in industry history, according to the California League of Savings Institutions. The previous record was $317 million, which was set in the second quarter of 1983. If the earnings continue through the end of the year, annual profits could surpass the $1-billion mark for the first time, the league said. California has about 210 savings and loans.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
