Savings & loans calm down after several financial crises. (most San Diego area savings and loan associations are solvent and profitable) (Special Report: Corporate Finance)

San Diego Business Journal | June 25, 1990| | Copyright

Savings & loans calm down after several financial crises

Some S&Ls face further crises as they try to meet new capital requirements

Although battered in the last few years by one financial crises after another, the local savings and loan industry appears to have settled into a calm, at least for the time being.

"I think the industry is solidifying and repositioning itself. . . . that is, some (S&Ls) are shrinking or staying flat, while others are changing their lending and even deposit products," said Gary Lewis Evans, chief executive officer of ...

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