HARTFORD, Conn. -- Society for Savings Bancorp said it was no longer working with investment bankers to explore the sale of the thrift company or its subsidiaries.

Lawrence Connell, president and chief executive officer, stated that after a year of explorations, Society for Savings' board "has determined that management should devote all its efforts to strengtening the company as an independent public corporation consisting of both our bank and Fidelity Acceptance Corp."

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