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WASHINGTON MUTUAL ACQUIRES DEPOSITS OF WORLD SAVINGS AND LOAN ASSOCIATION'S WASHINGTON BRANCHES

 WASHINGTON MUTUAL ACQUIRES DEPOSITS
 OF WORLD SAVINGS AND LOAN ASSOCIATION'S WASHINGTON BRANCHES
 SEATTLE, March 6 /PRNewswire/ -- Washington Mutual Savings Bank (NASDAQ: WAMU) announced today that its federal savings bank subsidiary has completed the acquisition of approximately $40 million of deposits at World Savings and Loan Association's Washington branches in Everett and Lynnwood.
 Washington Mutual's subsidiary, Washington Mutual, a Federal Savings Bank, will continue operations at the two locations. World Savings will continue to operate loan centers in Lynnwood and Bellevue after the acquisition.
 The acquisition was completed today at 6 p.m. PST. All branch employees were offered continuing employment with Washington Mutual.
 With assets of $7.1 billion, Washington Mutual is the Northwest's premier consumer bank, operating 104 financial centers and 18 home loan centers in Washington, Oregon and Idaho.
 -0- 3/6/92
 /CONTACT: Scott Selby of Washington Mutual, 206-461-3186/
 (WAMU) CO: Washington Mutual; World Savings and Loan Association ST: Washington IN: FIN SU: TNM


SC -- SE004 -- 6077 03/06/92 18:00 EST
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Publication:PR Newswire
Date:Mar 6, 1992
Words:166
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