BANKING & FINANCE - Aug. 25, 1992
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Ahmanson to Buy 8 Coast Branches: Coast Savings Financial Inc. said that its Coast Federal Bank unit signed a definitive agreement to sell eight Central Valley branches, with deposits totaling $275 million, to H. F. Ahmanson & Co.’s Home Savings of America unit. Terms were not disclosed. Four of the Coast branches are in Fresno, two in Visalia and one each in Tulare and Sanger, Calif. The acquisition is expected to be completed during the fourth quarter of 1992, subject to regulatory approval.
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