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Imperial Capital Opens NYC HQ

NEW YORK CITY-Imperial Capital Bank opens its eastern seaboard headquarters at 7 Times Square. The office supplements the bank's headquarters in La Jolla, CA.

By Barbara Jarvie | Updated on October 26, 2005

NEW YORK CITY-Imperial Capital Bank, an FDIC-insured commercial bank and a wholly owned subsidiary of ITLA Capital Corp., has opened an eastern seaboard headquarters here at 7 Times Square. This office will direct the bank’s real estate lending activities on the east coast and supplement its headquarters in La Jolla, CA.

“New York is the financial center of the world and is a key element of our national expansion strategy,” explains George Haligowski, president and chief executive officer. “We are no longer simply a West Coast company and we are now managing a national lending platform with 27 loan production offices.” He adds that the company’s loan portfolio has grown more than 70% during the past 18 months.

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