ALBANY, N.Y. -- KeyCorp said it has completed a definitive agreement to acquire National Savings Bank, $637 million-asset thrift based here.

The deal, announced in principle on July 1, was valued at $69.3 million. It requires approval by National shareholders and is expected to be completed in early 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.