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Franklin Savings applies for federal savings bank charter. (Franklin Savings and Loan Association)
PR Newswire
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June 17, 1988
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COPYRIGHT 1988 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.
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FRANKLIN SAVINGS APPLIES FOR FEDERAL SAVINGS BANK CHARTER
SOUTHFIELD, Mich., June 17 /PRNewswire/ -- Franklin Savings and Loan Association (NASDAQ: FSLA) announced today that applications have been filed with the Federal Home Loan Bank of Indianapolis and the Michigan Financial Institutions Bureau to convert from a state- chartered stock savings and loan association to a federally chartered stock savings bank.
"We feel strongly that this change is more reflective of Franklin's progressive nature," said President and CEO Read P. Dunn. "As a federal ...
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