Roanoke Times Copyright (c) 1995, Landmark Communications, Inc. DATE: FRIDAY, March 16, 1990 TAG: 9003162080 SECTION: BUSINESS PAGE: A7 EDITION: METRO SOURCE: DATELINE: LENGTH: Short
Independent has seven offices and assets of $150 million. One branch is in McLean and the others are in Tidewater.
The purchase is expected to take place in about six months. Crestar Financial Corp. and Perpetual Savings Bank announced Thursday an agreement in which Crestar will buy a Perpetual retail banking office in Virginia Beach.
Both purchases are subject to approval by state and federal regulatory authorities. - Staff and wire reports