Definitive agreement signed in merger-acquisition of First State Savings & Loans Associations, Inc. by C K Federal Savings Bank.

PR Newswire | July 11, 1988 | Copyright

DEFINITIVE AGREEMENT SIGNED IN MERGER/ACQUISITION OF

 
         FIRST STATE SAVINGS & LOANS ASSOCIATION, INC. 
                  BY C K FEDERAL SAVINGS BANK 

CONCORD, N.C., July 11 /PRNewswire/ -- CK Federal Savings Bank (NASDAQ: CKSB) has agreed to acquire First State Savings & Loan Association, Inc., a $100 million asset corporation with four offices headquartered in Gastonia.

According to officers of the two companies, a Definitive Agreement was signed June 15, 1988, but the agreement is subject to approval by regulatory authorities and by ...

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