Don M. Griffith, a former executive vice president of First Interstate Bancorp, has been elected chairman and chief executive of First Coastal Bank, El Segundo, Calif.

Mr. Griffith is chief executive of California Community Corp., which received approval to buy a large block of First Coastal stock owned by the Pratt Group, Bakersfield. California Community also pumped capital into the bank.

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.