Bailout Bank Bio: Beach Business Bank

May 12, 2009 | 1 min read | Print Article

Beach 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.

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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.