Fact Sheet

Bailout Bank Bio: Beach Business Bank

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May 11, 2009
Programs: Budget & Tax

Beach Business Bank logoBeach Business Bank, a small bank headquartered in Manhattan Beach, California, operates two branches, in Manhattan Beach and Long Beach. In exchange for bank preferred stock, Beach Business Bank received $6 million through the Treasury Department’s Capital Purchase Program.


Resources

Bank Bio Chart | Financial Documents | Federal contracts

Lobbying reports | Political Contributions | Related Articles


Bailout Bank Bio: Beach Business Bank

 

Federal Equity Investment

$6 million

Total Revenue

$7.9 million

Net Income

$600 thousand

Number of Employees

Unknown

Corporate Headquarters

Manhattan Beach, California

Business Sector

Bank

Officers and Directors


Robert M. Franko, President & Chief Executive Officer
James H. Gray, Board Chairman

Other Officers and Directors

 

Corporate Website

https://www.beachbusinessbank.com

Executive Compensation

Unable to locate.

►Financial Documents

2007 Beach Business Annual Report

2007 Beach Business Proxy

Federal contracts

No federal contracts located.

Lobbying reports (if any)

Fourth Quarter 2008

No lobbying reports located.

Political Contributions

Center for Responsive Politics

Related Articles

Unable to locate.

 

Last Updated May 12, 2009

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