Historical May 1983 report or notice. Original dates, prices and contacts describe the source period; current availability has not been established.
The Central West End Savings and Loan, according to recent reports, has asked for approval to convert from mutual ownership to stock ownership in June.
If the Association receives the go-ahead from its depositors, borrowers, federal and state officials, it will reportedly offer at least 100,000 shares for $5 each. Customers of CWE Savings and Loan who are depositors or borrowers will have first chance to purchase the stock. Thomas Scatizzi, president of the Association, told reporters that CWE hopes to buy the building in which the S&L office is located at DeBaliviere and Waterman and expand the office space.
Originally published in The Paper, May 1983.
Read this article in the original newspaper issue.
Original source: SD_Times1983_05.pdf, printed page(s) 4; PDF page(s) 4.
