A bas-relief panel over the entrance of the Los Angeles branch of the Federal Reserve Bank of San Francisco designed by John and Donald Parkinson symbolizes "stability." Representing the United States, a spread-winged eagle at the center of the panel is flanked by severly-modeled kneeling figures-a female on the viewer's left and a male on the viewer's right. Walters used angular decorative elements and figures within sharp outlines to capture the progressive style of the time. This bas-relief, along with the heavy, geometric massing, recessed spandrels, ornate grillwork and virtually flush piers, made the branch office one of the city's earliest Classical Moderne styled buildings.1 Walters also designed the predatory birds and beasts sculpted in the granite panels above the windows in the Olympic Avenue facade. The building was listed on the National Register of Historic Places in 1984.
Footnotes:1 "National Register of Historic Places Inventory-Nomination Form, Description," prepared by Marvin A. Brown, March 14, 1984.