Amerifirst Federal Savings and Loan Association - Specimen Stock Certificate
Inv# SE1909 Stock
Specimen Stock printed by American Bank Note Company. Great Western Bank (previously known as Great Western Savings & Loan) was a large retail bank that operated primarily in the Western United States. Great Western's headquarters were in Chatsworth, California. At one time, Great Western was one of the largest savings and loan in the United States, second only to Home Savings of America. The bank was acquired by Washington Mutual in 1997 for $6.8 billion.
In March 1992, Great Western announced the pending acquisition of the deposits of $1.8 billion and the 53 branch offices of the failed Orlando-based AmeriFirst Federal Savings Bank from the Resolution Trust Corporation for $27.5 million. Some of the acquired offices were closed due to close proximity existing Great Western branch offices. Read more at https://en.wikipedia.org/wiki/Great_Western_Bank_(California)
A stock certificate is issued by businesses, usually companies. A stock is part of the permanent finance of a business. Normally, they are never repaid, and the investor can recover his/her money only by selling to another investor. Most stocks, or also called shares, earn dividends, at the business's discretion, depending on how well it has traded. A stockholder or shareholder is a part-owner of the business that issued the stock certificates.
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