Clarke Woodruff is a self-described "old S&L guy" who looks back fondly on his 40 years at United Savings and Loan Association in Springfield, Ill.

But when Mr. Woodruff merged his 119-year-old thrift earlier this year with another "noble survivor" from across town, Security Federal Savings and Loan Association, he didn't have a second thought about naming the new institution Security Bank.

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