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ARCHIVED  October 1, 1997

World Savings tops list of S&Ls with 1997 assets of $19.7 billion

First Northern Savings acquired by Firstate Bank

World Savings & Loan Association of Oakland, Calif., topped The Northern Colorado Business Report˜s ranking of the region˜s largest S&Ls.
Data prepared by Sheshunoff Information Services Inc. of Austin, Texas, tallied World˜s assets at $19.7 billion as of March 1997, down 29.16 percent from $27.82 billion the previous year. World maintains branches in Fort Collins, Loveland and Greeley.
The Business Report˜s ranking included all S&Ls with operations in Larimer, Weld, Morgan and Logan counties in Colorado — plus the communities of Brighton and Longmont — and Albany and Laramie counties in Southern Wyoming.
Coming in at No. 2 was Commercial Federal Bank of Omaha, Neb., with $6.93 billion in assets, up 4.24 percent from $6.65 billion in the first quarter of 1996.
First Bank, Federal Savings Bank of Fargo, N.D., placed third on the list, with assets of $4.62 billion, down 17.89 percent from $5.63 billion. First Bank maintains branches in Cheyenne and Laramie.
Equitable Savings & Loan Association of Sterling came in at No. 4, with $187 million in assets, followed by Morgan County Federal Savings & Loan Association of Fort Morgan, with $77.1 million in assets. Colorado Federal Savings Bank of Colorado Springs reported $9.5 million in assets.
First Northern Savings Bank, the only savings institution based in Weld County, was acquired by Firstate Bank of Northglenn.

First Northern Savings acquired by Firstate Bank

World Savings & Loan Association of Oakland, Calif., topped The Northern Colorado Business Report˜s ranking of the region˜s largest S&Ls.
Data prepared by Sheshunoff Information Services Inc. of Austin, Texas, tallied World˜s assets at $19.7 billion as of March 1997, down 29.16 percent from $27.82 billion the previous year. World maintains branches in Fort Collins, Loveland and Greeley.
The Business Report˜s ranking included all S&Ls with operations in Larimer, Weld, Morgan and Logan counties in Colorado — plus the communities of Brighton and Longmont — and Albany and Laramie counties in Southern Wyoming.
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