LUMBERTON, N.C. -- Southern National Corp. said it converted two sayings and loans it purchased in 1990 to state-chartered savings banks.

Mutual Federal Savings and Loan of Elkin and Western Carolina Savings and Loan of Valdese have been renamed, respectively, SNB Savings Bank Inc. of Elkin and SNB Savings Bank Inc.

The conversion and name change will give customers of the two institutions access to products and services virtually identical to those offered by Southern National, a multibank holding company with 152 offices in the Carolinas.

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