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Saturday, Jul 20, 2024
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HomeStreet Bank Opening Two Branches in San Diego

Seattle-based HomeStreet Bank on Monday said it was expanding into San Diego with two branches opening this month.

A Mission Gorge branch will open March 14 and a Kearney Mesa branch will follow on March 31. The bank bought Irvine-based Orange County Business Bank and Covina-based Simplicity Bank last year and now has eight branches in Los Angeles.

Late last month, HomeStreet changed its charter from a savings bank to a commercial bank. The bank said the change reflected its move away from a traditional thrift focused mostly on residential mortgage and construction lending.

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