Consolidation continues to be the watchword in the thrift industry.

At midyear there were 1,852 thrifts-down 6.5% from June 30, 1996. But their assets were up 0.7%, to $1.03 trillion, according to data compiled by American Banker and Sheshunoff Information Services Inc., Austin, Tex. (See tables starting on p. 18.)

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