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FIRST BANK SYSTEM SIGNS PURCHASE AGREEMENT TO SELL WASHINGTON BANK

 MINNEAPOLIS, Jan. 7 /PRNewswire/ -- First Bank System, Inc. (NYSE: FBS) today said that it had signed a definitive purchase agreement to sell its bank in Washington state to Central Bancorporation of Wenatchee, Wash. First Bank Washington had assets of $59 million at Dec. 31, 1993. Central Bancorporation had assets of $136 million as of Dec. 31, 1993. Terms were not disclosed. The acquisition is expected to close during the first half of 1994 and is subject to approval by bank regulatory authorities.
 First Bank System is a regional bank holding company headquartered in Minneapolis with approximately $26 billion in assets. The company provides complete financial services to individuals and institutions through 9 banks and over 200 offices located primarily in Minnesota, Colorado, Wisconsin, North Dakota, South Dakota and Montana.
 -0- 01/07/94
 /CONTACT: Wendy Raway, Media Relations, 612-973-2429; or John Danielson, Investor Relations, 612-973-2261, both of First Bank System/
 (FBS)


CO: First Bank Systems; Central Bancorporation ST: Minnesota IN: FIN SU:

CP-DB -- MN007 -- 0241 01/07/94 15:56 EST
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Publication:PR Newswire
Date:Jan 7, 1994
Words:171
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