Advertisement

Great Western purchased four branches in Florida.

Share

The Beverly Hills-based S&L;, a subsidiary of Great Western Financial Corp., is buying the branches from Chase Federal Savings & Loan Assn. Terms of the transaction were not announced. The Florida branches are located in Cooper City, Margate, Sunrise and West Palm Beach and have total deposits of about $195 million. Upon completion of this transaction, Great Western will operate five retail banking branches in the state, including one in Jacksonville Beach.

Advertisement