WESTCHESTER, Ill. - Westco Bancorp said the Office of Thrift Supervision will allow the company to repurchase outstanding shares of common stock in an amount exceeding that permitted under current regulations.

Westco, the holding company for First Federal Savings and Loan Association of Westchester, has received the special regulatory clearance necessary to repurchase up to 94,230 shares of its common stock in accordance with a stock repurchase plan approved by its board of directors.

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