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Carl Oliver Schatz


1919 - 2016 Obituary Condolences Gallery
Carl Oliver Schatz Obituary
September 12, 1919 - December 7, 2016 Carl was born September 12, 1919 in Needles, California to Carl George Schatz and Grace Marie Townshend. Shortly thereafter, Carl moved with his family to Los Angeles. He became a lifelong Angeleno. Carl was practically born a banker. Upon graduating from Hollywood High School in 1938, he was recruited to work at Bank of America. Carl's banking career would span 65 years. During that time, he would work his way up from Teller to Chief Executive Officer. He was the principal force behind four start-up banks in California. Throughout his career, he was a strong advocate for community and independent banking. Well-known and respected throughout the San Fernando Valley for his innovation and integrity in the field, he received the "Highest Distinction for Service to Others" presented by the American Institute of Banking. Carl was a founding member of Bank of Encino 1953, Independence Bank 1963, Bank of Encino (second rendition) 1986, and Encino State Bank 1997. Carl's family and friends will remember him for his smile, sense of humor, and genuine love of life. In high school, his classmates named him "The Best Trucker at Hollywood High" because of his exceptional dance moves. He served in the United States Coast Guard from 1942-1944, when he was released with honorable discharge. He truly loved interacting with people and had a spark for life until his final days. Carl was a loving husband, father, grandfather, and great-grandfather. While he will be sorely missed, his loved ones are grateful for a life truly well-lived. Carl is survived by his wife Louise Schatz; his children Robert Schatz, Andrea Rifkin and Denise Schatz; his grandchildren Ryan Rifkin, Taylor Rifkin and Eliot Newmyer; and his great-grandson Chase Rifkin. In lieu of flowers, please send donations to: The Boys and Girls Club of America, 1275 Peachtree Street, NW, Atlanta, GA 30309.
Published in the Los Angeles Times from Dec. 21 to Dec. 22, 2016
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