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Household Bank to Buy Insolvent S&L in Ohio

January 21, 1985|Associated Press

WASHINGTON — The Federal Home Loan Bank Board on Saturday declared the Fidelity Savings and Loan Co. of Martins Ferry, Ohio, insolvent and approved its acquisition by a California subsidiary of Household Finance Corp. Fidelity, with $72.8 million in deposits and three branches, is being acquired by Household Bank of Westminster.

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