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BSD BANCORP INC. REMOVES COMMON STOCK FROM THE AMERICAN STOCK EXCHANGE

 SAN DIEGO, Oct. 1 /PRNewswire/ -- BSD Bancorp Inc. (AMEX: BSD) announced today that it is consenting to the removal of its Common Stock from the American Stock Exchange (ASE). This action became necessary because BSD Bancorp Inc. no longer satisfies all the financial guidelines of the ASE for continued listing. The ASE has advised BSD Bancorp that the last day for trading of its common stock will be Friday, Oct. 15, 1993.
 The removal of BSD Bancorp common stock from the American Stock Exchange will adversely affect its liquidity. While an over-the-counter market may develop for the stock, there can be no assurance that it will.
 BSD Bancorp is a San Diego-based bank holding company.
 -0- 10/1/93
 /CONTACT: Frank J. Mercardante, president, CEO and Chairman, BSD Bancorp, 619-237-5475/
 (BSD)


CO: BSD Bancorp Inc. ST: California IN: FIN SU:

EH-JB -- SD002 -- 7941 10/01/93 16:30 EDT
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Publication:PR Newswire
Date:Oct 1, 1993
Words:149
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