Federal regulators said they are contributing $91...

Federal regulators said they are contributing $91 million to an Oakland savings institution to rescue two Ohio S&Ls.; The Federal Savings and Loan Insurance Corp. is providing Golden West Financial Corp., one of the nation’s largest S&L; holding companies, with $91 million in cash. It also is purchasing bad loans of the failed institutions for $29 million and guaranteeing Golden West against some future loss. FSLIC is getting back 75% of the gains on some of the loans owned by the failed institutions--Ohio Valley Savings & Loan Assn., Steubenville, and First Border Savings Bank of Piqua, which have $318 million in combined assets. Golden West is paying $8 million over three years to FSLIC in exchange for tax benefits created by the deal, and is pumping $20 million into the thrifts.