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REGULATORS APPROVE WASHINGTON MUTUAL'S ACQUISITION OF WORLD SAVINGS AND LOAN'S WASHINGTON BRANCHES

 REGULATORS APPROVE WASHINGTON MUTUAL'S ACQUISITION OF WORLD
 SAVINGS AND LOAN'S WASHINGTON BRANCHES
 SEATTLE, Jan. 30 /PRNewswire/ -- Washington Mutual Savings Bank (NASDAQ:WAMU) announced today that the Office of Thrift Supervision (OTS) has approved the acquisition by its subsidiary, Washington Mutual, a Federal Savings Bank, of the Washington branches and deposits of World Savings and Loan Association.
 Completion of the transaction is expected in early March 1992.
 World Savings and Loan operates two branches in Washington: Lynnwood and Everett, both in Snohomish County north of Seattle. Deposits at the two branches total approximately $40 million. World Savings and Loan is a subsidiary of Golden West Financial Corp. of Oakland, Calif. Following completion of the transaction, World will continue to offer mortgage-lending services through its two Washington loan centers.
 "Acquiring these branches will complement our branching system in the important and growing Snohomish County market," said Kerry Killinger, Washington Mutual chairman, president and chief executive officer. "We're looking forward to serving all the financial needs of our new customers."
 With assets of $7.1 billion, Washington Mutual is the Northwest's premier consumer bank, operating 101 financial centers and 18 home loan centers in Washington, Oregon and Idaho.
 -0- 1/30/92
 /CONTACT: Scott F. Selby of Washington Mutual Savings Bank, 206-461-3186/
 (WAMU) CO: Washington Mutual Savings Bank; World Savings and Loan ST: Washington IN: FIN SU:


JH -- SE010 -- 5339 01/30/92 14:42 EST
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Publication:PR Newswire
Date:Jan 30, 1992
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