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UNITED BANK OF PHILADELPHIA ACQUIRES DEPOSITS OF CHASE FEDERAL SAVINGS AND LOAN ASSOCIATION

 PHILADELPHIA, July 30 /PRNewswire/ -- United Bank of Philadelphia, a recently chartered state member bank, has acquired the deposits of Chase Federal Savings and Loan Association, Philadelphia.
 The resultant bank will be headquartered at 714 Market St., here, with branch locations at 1562 E. Wadsworth Ave., Mount Airy. and 1015 N. Marshall St. (at Girard Avenue), North Philadelphia. Both locations will reopen Monday, Aug. 2, as the new branch offices of United Bank of Philadelphia.
 /delval/
 -0- 7/30/93
 /Note to editors: Dr. Emma C. Chappell, chairman, president and chief executive officer of United Bank, invites the press to participate in the events of the day on Monday, Aug. 2.
 Mount Airy Branch
 -- 10 a.m. -- news conference and ribbon cutting; 10:45 a.m. -- motorcade from Mount Airy branch to North Philadelphia branch.
 North Philadelphia Branch
 -- 11:30 a.m. -- Ribbon cutting and celebration
 Local and state dignitaries will be present at both locations and will join Chappell in the Motorcade./
 /CONTACT: Sam Cerminaro of Wolfinger Cerminaro, 215-337-7320, for United Bank./


CO: United Bank of Philadelphia ST: Pennsylvania IN: FIN SU: TNM

MJ-CC -- PH049 -- 7988 07/30/93 17:54 EDT
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Publication:PR Newswire
Date:Jul 30, 1993
Words:192
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