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BRANFORD SAVINGS BANK ANNOUNCES EXTENSION OF RIGHTS OFFERING PERIOD AND COMMENCEMENT OF PUBLIC OFFERING

 BRANFORD SAVINGS BANK ANNOUNCES EXTENSION OF RIGHTS OFFERING PERIOD
 AND COMMENCEMENT OF PUBLIC OFFERING
 BRANFORD, Conn., Nov. 26 /PRNewswire/ -- Branford Savings Bank (NASDAQ/NMS: BSBC), today announced that it has extended its right offering to Dec. 26, 1991 to permit shareholders and other rights holders additional time to exercise rights. The bank also announced that it will now accept subscriptions directly from the public at its five branch locations. One may also subscribe through the bank's subscription agent by contacting American Stock Transfer and Trust Company, 40 Wall St., New York, N.Y. 10005 (1-800-937-5449) or through a broker. The direct subscription of units will allow non-current shareholders an efficient way to participate in the plan. The bank is partway towards its goal and is hopeful that the minimum offering will be achieved before the end of the extension period.
 Branford Savings Bank is an FDIC-insured, state-chartered savings bank founded in 1889. Five offices are located in Branford (2), North Branford and East Haven (2).
 -0- 11/26/91
 /CONTACT: Gregory R. Shook senior vice president and secretary of Branford Savings Bank, 203-481-3471/
 (BSBC) CO: Branford Savings Bank ST: Connecticut IN: FIN SU: OFR


JT-KW -- NY084 -- 7500 11/26/91 16:56 EST
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Publication:PR Newswire
Date:Nov 26, 1991
Words:203
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