First Interstate Bancorp's purchase of San Diego Financial Corp. is a breakthrough deal at a breakthrough price.

In acquiring the biggest independent financial institution in San Diego, First Interstate will triple its local share of deposits, making itself the No.3 bank in California's second-largest market.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

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