GLENDALE, Calif. - Glenfed Inc. said its subsidiary, Glendale Federal Bank, has agreed with the Office of Thrift Supervision to amend its capital restoration plan.

Under the amended filing, Glendale would increase its core capital to 5% of assets and risk-adjusted capital to 10% by June 30, 1993.

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.