Enterprise Federal Savings Bank Acquires Deposits of Three Western Ohio Financial Corp. Branch Offices.WEST CHESTER West Chester, borough (1990 pop. 18,041), seat of Chester co., SE Pa., W of Philadelphia; inc. 1799. Primarily residential, West Chester was long the trade and processing center for an agricultural region that is now mainly suburbs. , Ohio--(BUSINESS WIRE)--Oct. 27, 1998--Enterprise Federal Bancorp Inc. (Nasdaq:EFBI) announced today that its banking subsidiary, Enterprise Federal Savings Bank Noun 1. federal savings bank - a federally chartered savings bank FSB savings bank - a thrift institution in the northeastern United States; since deregulation in the 1980s they offer services competitive with many commercial banks had completed the acquisition of the deposits of three branch offices in Cincinnati from Cornerstone cornerstone Ceremonial building block, dated or otherwise inscribed, usually placed in an outer wall of a building to commemorate its dedication. Often the stone is hollowed out to contain newspapers, photographs, or other documents reflecting current customs, with a view to Bank, a subsidiary of Western Ohio Financial Corp. Effective Oct. 26, 1998, Enterprise acquired the deposits associated with Cornerstone's branches located at 4860 Hunt Rd., 1440 Main St. and 8370 Colerain Ave AVE Avenue AVE Average AVE Alta Velocidad Espanola (train between Madrid and Seville) AVE Alta Velocidad Española (Spanish: High Speed Train) AVE Audio Video Entertainment AVE Advertising Value Equivalent . Combined the three branches had approximately $72.4 million in deposits. In addition, Enterprise Federal acquired the building and real estate associated with the branch office located at 8370 Colerain Ave. The acquired branch office at 8370 Colerain Ave. opened for business on Oct. 26, 1998 fully converted to an Enterprise Federal Savings Bank branch office while the other two branch offices were closed by Cornerstone Bank. |
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