More than three dozen privately insured Pennsylvania thrifts will have to merge, liquidate, or get federal insurance - if state regulators get their way.

State lawmakers there are on the verge of passing a bill that would require all thrifts in the state to obtain federal deposit insurance by September 1998.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.