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GLENDALE TO EXTEND PREFERRED STOCK OFFERING

 GLENDALE TO EXTEND PREFERRED STOCK OFFERING
 VOORHEES, N.J., Feb. 14 /PRNewswire/ -- Glendale Bancorporation


(NASDAQ: GNBC), announced today that it has extended until March 31, 1992, the period during which its previously announced private placement of convertible preferred stock would remain open.
 This announcement does not constitute an offer to sell or the solicitation of an offer to buy the corporation's convertible preferred stock.
 Glendale Bancorporation is a federally registered bank holding company and holds all of the stock of its bank subsidiaries, Glendale National Bank of New Jersey and Glendale Bank of Pennsylvania.
 /delval/
 -0- 2/14/92
 /CONTACT: Diane C. Strang, executive vice president of Glendale Bancorporation, 609-627-0300/
 (GNBC) CO: Glendale Bancorporation ST: New Jersey IN: FIN SU: OFR


CC -- PH032 -- 0378 02/14/92 16:57 EST
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Publication:PR Newswire
Date:Feb 14, 1992
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