Life Financial Corp. said Wednesday that its board has dismissed Daniel L. Perl, the president and chief executive officer.

Officials at $529 million-asset Life Financial did not return calls seeking comment. The prepared statement did not state a reason for Mr. Perl's firing.

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.