EurekaBank was a Foster City, California, based bank, with primary operations in the San Francisco Bay Area. Formerly known as Eureka Federal Savings and Loan, based out of San Carlos, California, and known for a scandal in the 1980s involving John DeLorean (maker of the car made famous by the movie Back to the Future).[citation needed] The bank operated 36 branches in the region, and was one of the largest local banks. Its overall existence was short, as it was acquired by Bay View Bank in 1998,[1][2] less than ten years after it was founded as a replacement to the failed Eureka Federal Savings.[3]
References
- ^ "Bay View to buy EurekaBank". San Francisco Chronicle. May 9, 1997.
- ^ "Bay View Capital Corp.'s $450 Million Mixed Securities Shelf Rated by Fitch IBCA". PR Newswire (Press release). November 24, 1998.
- ^ Nash, Nathaniel C. (September 30, 1988). "California Savings Unit Gets $281 Million Rescue". The New York Times.
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