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.