A suburban Chicago savings bank is strengthening its foothold in Southern California through a deal with one of the nation's largest thrifts.

Regency Savings Bank, a subsidiary of Oak Park, Ill.-based FBOP Corp., is buying the $380 million of deposits in six California Federal Bank branches in San Diego County, with. Coupled with its 1995 acquisition of International Savings Bank, the thrift's area deposits will now total $680 million.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.