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FEDERAL RESERVE APPROVES MERIDIAN TRANSACTION

 READING, Pa., Jan. 6 /PRNewswire/ -- Meridian Bancorp, Inc. (NASDAQ: MRDN) announced that the Federal Reserve Board has approved the pending acquisition of Cherry Hill National Bank.
 The consummation of the transaction remains subject to other regulatory approvals.
 /delval/
 -0- 1/6/93
 /CONTACT: George Biechler, 215-655-2470, or Bob Shade, 215-655-2463, both of Meridian Bancorp/
 (MRDN)


CO: Meridian Bancorp, Inc.; Cherry Hill National Bank ST: Pennsylvania, New Jersey IN: FIN SU: TNM

CC-JS -- PH018 -- 2327 01/06/93 15:53 EST
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Publication:PR Newswire
Date:Jan 6, 1993
Words:80
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