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NFS FINANCIAL CORP. RECEIVES APPROVAL TO ACQUIRE PLAISTOW CO-OPERATIVE BANK

 NASHUA, N.H., Feb. 24 /PRNewswire/ -- NFS Financial Corp. (NASDAQ: NFSF) and Plaistow Co-operative Bank, Plaistow, N.H., have jointly announced that regulatory approval has been received for NFS to acquire Plaistow Co-operative.
 The two companies had singed an acquisition agreement in October, 1992 subject to approval of the Office of Thrift Supervision and satisfaction of regulatory matters.
 NFS Financial Corp. also owns NFS Savings Bank, Nashua, N.H.
 NFS Financial and Plaistow Co-operative expect to complete the transaction shortly.
 -0- 2/24/93
 /CONTACT: David A. Sobe or Albert R. Rietheimer, both of NFS Financial Corp., 603-880-2011; Paul C. Rizzi, Jr., Plaistow Co-operative Bank, 603-382-8525/
 (NFSF)


CO: NFS Financial Corp.; Plaistow Co-Operative Bank ST: New Hampshire IN: FIN SU: TNM

DJ -- NE012 -- 0044 02/24/93 15:47 EST
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Publication:PR Newswire
Date:Feb 24, 1993
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