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Home > Company Index > Banking > Banking - West > Westcorp
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Westcorp |
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PROFILE |
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Now face West. Westcorp has taken a new direction once again. After shifting its focus from originating prime mortgage loans to originating subprime mortgages, Westcorp has repositioned itself as an auto financing company through its majority-owned WFS Financial. Westcorp is also the holding company for Western Financial Bank. The bank's 25 branches throughout California offer money market accounts, investment products, and other standard retail services. Residential mortgages account for nearly half of the bank's loans; the bank also offers commercial, construction, and consumer loans. Chairman, president, and CEO Ernest Rady owns about 68% of Westcorp.
COMPETITION |
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Ford Motor Company (F)
UnionBanCal Corporation (UB)
Washington Mutual, Inc. (WM)
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STOCK ANALYSIS |
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FURTHER ANALYSIS
Advanced Charting
Deals
FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 761.50
1-Yr. Sales Growth: 50.0%
Employees: 2,129
Revenue per employee: $357,679.66
KEY PEOPLE |
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Ernest S. Rady
CEO
Lee A. Whatcott
CFO
CONTACT INFO |
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23 Pasteur
Irvine, CA 92618
US
Phone: 949-727-1002
Fax: 949-727-2313
Online: Web Site
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