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MID-STATE FEDERAL ANNOUNCES ACQUISITION DISCUSSIONS

 OCALA, Fla., April 12 /PRNewswire/ -- Mid-State Federal Savings Bank (NASDAQ-NMS: MSSB) said today that it is engaged in discussions with other financial institutions that have expressed interest in acquiring Mid-State Federal.
 Charles E. Harris, chairman of the board of Mid-State Federal, declined to identify the parties involved in the discussions. Harris said that there were was no assurance that any agreement would be reached or, if reached, that the various conditions to the consummation of a transaction would be obtained.
 Mid-State Federal is a publicly held, federally insured, and federally chartered stock savings bank with its common stock traded over-the-counter and quoted on the NASDAQ National Market System under the symbol "MSSB". With its home office in Ocala, Fla., the bank operates 21 branch offices within a four county area in west central Florida.
 -0- 4/12/93
 /CONTACT: David W. Parker, SVP & CFO of Mid-State Federal Savings Bank, 904-854-4100/
 (MSSB)


CO: Mid-State Federal Savings Bank ST: Florida IN: FIN SU:

JB-SB -- FL002 -- 4664 04/12/93 09:47 EDT
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Publication:PR Newswire
Date:Apr 12, 1993
Words:170
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