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HOME SAVINGS OF AMERICA COMPLETES ACQUISITION OF COAST FEDERAL BANK BRANCHES IN CENTRAL CALIFORNIA

 IRWINDALE, Calif., Nov. 18 ~PRNewswire~ -- Home Savings of America, the principal subsidiary of H.F. Ahmanson & Co. (NYSE: AHM), announced today that it has completed the acquisition of Coast Federal Bank's eight branches in Central California.
 The eight Coast branches have deposits totaling approximately $258 million. Four of the branches are located in Fresno, two in Visalia, one in Tulare and one in Sanger.
 Home Savings, which signed a definitive agreement with Coast Federal Bank to acquire the branches in August of this year, has consolidated several of the Coast branches with nearby Home Savings branches.
 Home Savings of America, with assets of more than $47 billion and deposits of more than $39 billion, is the nation's largest savings institution. It operates 378 savings branches in nine states and 90 mortgage lending offices in 13 states.
 -0- 11~18~92
 ~CONTACT: Mary Trigg of H.F. Ahmanson, 818-814-7922~
 (AHM)


CO: Home Savings of America; H.F. Ahmanson & Co. ST: California IN: FIN SU: TNM

EH -- LA030 -- 2477 11~18~92 15:05 EST
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Publication:PR Newswire
Date:Nov 18, 1992
Words:173
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