GLENDALE, Calif. -- Glenfed Inc. and its subsidiary Glendale Federal Bank, said they had completed a reorganization of their boards.

Dean Bailey and E. Gex Williams Jr. resigned as directors of Glenfed but remain directors of the thrift. Gilbert Vasquez, Jean Roeschlaub, and Douglas Clarke, a former president of the thrift, resigned from its board but remain directors of Glenfed.

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