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Stock impact report

Luther Burbank Savings to Open Branch in Bellevue, Wash.

Luther Burbank Corporation (LBC) 
Last luther burbank corporation earnings: 1/28 04:00 pm Check Earnings Report
Company Research Source: GlobeNewswire
SANTA ROSA, Calif., March 30, 2018 (GLOBE NEWSWIRE) -- Luther Burbank Corporation (“the Company”) (NASDAQ:LBC), the holding company for Luther Burbank Savings (the “Bank”), announced today the June 2018 opening of a new, full-service branch of Luther Burbank Savings in Bellevue, Washington located at 200 108th Avenue NE.  John Biggs, President and Chief Executive Officer of Luther Burbank Corporation stated, “We are very pleased to have found an excellent location in Bellevue to continue our objective of geographic expansion in key strategic markets on the West Coast.” Luther Burbank Savings currently has over $630 million in multifamily and single family loans in the Puget Sound area. Mr. Biggs continued, “We anticipate that our existing customers, as well as new customers, will recognize our commitment to delivering highly competitive loan and deposit products while providing unparalleled personal service.” Bob McGrouther, Income Property Loan Officer, based in Bellevue comment Show less Read more
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