Luther Burbank Savings

Rendering courtesy of Luther Burbank Savings. 

The Santa Rosa-headquartered financial institution Luther Burbank Savings opened a Long Beach branch this month, on Second Street.

With eight other branches in locations that include Beverly Hills, Encino, Pasadena and Toluca Lake, the bank has grown to encompass over $4 billion in assets since its founding in 1983, according to a release.

“As a private savings institution which has been profitable for the last 126 consecutive quarters, Luther Burbank Savings is very judicious in its selection of markets,” said John Biggs, president and CEO of Luther Burbank Savings in a statement. “We anticipate that customers in Belmont Shore and the surrounding communities will appreciate a bank that is fiscally strong, professional and customer-focused.”

The release states that Belmont Shore resident Cynthia Schmidt has been hired as the branch manager.

To learn more, contact the Long Beach branch of Luther Burbank Savings, open Monday through Friday, 9:00AM to 5:00PM at 562.344.1800.

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