A Pennsylvania S&L; will buy Centurion Savings.
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Atlantic Financial said it has agreed to buy the Los Angeles-based savings and loan for $6.5 million. Centurion Savings has $105 million in assets and operates several branch offices in the Los Angeles area. If the sale goes through, Centurion’s branches will be operated by Atlantic Financial Savings Bank, which already has nine branches in California. The sale still needs regulatory and stockholder approvals. Atlantic Financial is Pennsylvania’s largest savings and loan.
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