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FIRST FEDERAL SELLS BRANCHES TO FIRSTBANK OF FT. COLLINS

 LAKEWOOD, Colo., Aug. 13 /PRNewswire/ -- First Federal Savings Bank has agreed to sell its branch banks in Loveland and Greeley to FirstBank of Ft. Collins.
 FirstBank recently opened a bank and one branch in Ft. Collins, and will operate the $18 million deposit Loveland office and the $16 million Greeley office as branch banks.
 According to Malcolm E. Collier, chairman of First Federal, "We have a small presence in northern Colorado and want to concentrate on the Denver metro area and the western slope of Colorado."
 Dennis Barrett, president of FirstBank Holding Co. of Colorado, stated, "We are pleased with our new Ft. Collins bank and are excited to have this opportunity to further expand in the northern Colorado market."
 First Federal and FirstBanks of Colorado are the only locally owned and operated banking institutions in Colorado with assets over $1 billion.
 For more information, contact Malcolm Collier, chairman, or James Rooney, executive vice president of First Federal, or Williams Iwata, executive vice president of FirstBank Holding Co. of Colorado.
 -0- 8/13/93
 /CONTACT: Malcolm E. Collier of First Federal Savings,


303-232-2121/

CO: First Federal Savings Bank ST: Colorado IN: FIN SU:

BB -- DV007 -- 2665 08/13/93 15:40 EDT
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Publication:PR Newswire
Date:Aug 13, 1993
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