GLENDALE, Calif. - Glendale Federal Bank said it will sell its 23 banking offices in the Tampa-St. Petersburg and Orlando markets to help meet the capital-raising requirements in a plan that was recently approved by the Office of Thrift Supervision.

The 23 offices have $ 1.1 billion of deposits.

The Glenfed Inc. subsidiary plans to retain 37 banking offices with $3 billion of deposits in southeast Florida, which Glendale considers a "primary market" along with California and Washington State.

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