Security Pacific Gets Failed S&L;’s Deposits: Security...
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From Times Staff and Wire Reports
Security Pacific Gets Failed S&L;’s Deposits: Security Pacific National Bank said it acquired certain of the assets and assumed certain liabilities of Stockton-based Washington Savings & Loan Assn., which has been under government conservatorship since April, 1989. Security Pacific will receive about $69 million in deposits. Washington S&L; serves over 7,000 customers in the greater Stockton area.
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