Downey Savings & Loan Assn.

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Downey Savings & Loan Assn.



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About Downey Savings & Loan Assn.
Professional experience
Downey Savings & Loan Assn - San Jose, CA Downey Savings & Loan Assn, located at 1399 Foxworthy Avenue in San Jose, CA, is known for its reliable banking services and commitment to customer satisfaction. Unfortunately, on November 21, 2008, Downey Savings and Loan Association, F.A. was closed by the Office of Thrift Supervision (OTS), with the FDIC stepping in as the named Receiver. Despite this setback, Downey Savings had established a strong reputation for its services in the community prior to its closure. Additionally, Downey Savings and Loan Association has been involved in legal proceedings, such as the case of Jember v. Downey Savings and Loan Association F.A., where plaintiffs entered into arrangements with employees of World Lending Group for property refinancing. The case highlights the importance of transparency and adhering to ethical business practices. We also find that Downey Savings and Loan Association has been listed as defendants in legal cases, such as v. Downey Savings and Loan Association, FA et al. This reflects the challenges faced by financial institutions in a complex regulatory environment. Despite these legal challenges and eventual closure, it is important to acknowledge Downey Savings and Loan Association's positive contributions to the financial industry. The institution was known for its commitment to customer service and providing reliable banking options to the residents of San Jose, CA. While Downey Savings and Loan Association may no longer be operational, the impact it had on the community should not be overlooked. It served as a reminder of the importance of financial institutions upholding the highest standards of integrity and transparency in their operations. In conclusion, Downey Savings and Loan Association, F.A. had a distinguished presence in the San Jose, CA community before its closure. Its dedication to providing reliable banking services and commitment to customer satisfaction left a lasting impact on the industry. Despite the legal challenges faced by the institution, it served as a valuable reminder of the importance of ethical business practices in the financial sector.

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Location

San Jose, Santa Clara (95118)

Important to know

  • Weekdays  00:00 - 00:00
  • Sat  00:00 - 00:00
  • Sun  00:00 - 00:00
Business hours
Weekdays  00:00 - 00:00
Sat  00:00 - 00:00
Sun  00:00 - 00:00
  • English
SpeaksEnglish
Business hours
  • Weekdays  00:00 - 00:00
  • Sat  00:00 - 00:00
  • Sun  00:00 - 00:00
Business hours
Weekdays  00:00 - 00:00
Sat  00:00 - 00:00
Sun  00:00 - 00:00
Speaks
  • English
SpeaksEnglish

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