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Coastal Banc Savings Assn. completed a $3.3-million...

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Coastal Banc Savings Assn. completed a $3.3-million capital infusion required under terms of its participation in the Southwest Plan to solve the region’s thrift problems. The capital was raised from existing shareholders and outside investors. Coastal Banc acquired four thrifts in May with help from the Federal Savings and Loan Insurance Corp. The infusion was completed Aug. 1, 13 days ahead of the deadline set in Coastal’s agreement with FSLIC.

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