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Home Savings of America, the principal subsidiary of H. F. Ahmanson & Co. (NYSE: AHM), today announced it had acquired five branches of Guardian Federal Savings Association of Huntington Beach from the Resolution Trust Corp. (RTC).
The acquisition, which became final at 6 p.m. PDT today, includes approximately $87.4 million in retail deposits in the five branches. Home Savings paid the RTC approximately a $1.8...