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NEWS
RELEASE
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The Federal Reserve Bank of St. Louis
St. Louis

Little Rock

Louisville

Memphis

FOR FURTHER INFORMATION, CONTACT:
Charles B. Henderson, (314) 444-8311

FOR IMMEDIATE RELEASE· June 3, 1997
ST. LOUIS - The Federal Reserve Bank of St. Louis, acting pursuant to delegated authority
for the Board of Governors of the Federal Reserve System, today approved the notification
by Concord EFS, Inc., Memphis, Tennessee, to engage in the operation of a thrift through
the proposed acquisition of 100 percent of the voting shares of EFS Federal Savings Bank,
Oakland, Tennessee, a thrift in organization.


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

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