RALEIGH, N.C. - Triangle Bank signed an agreement to acquire all of the deposits of four Raleigh Federal Savings Bank offices from First Union National Bank of North Carolina.

Triangle expects to purchase the deposits at the same time First Union completes its purchase of Raleigh Federal in January 1996, subject to the necessary approvals.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

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