THE VIRGINIAN-PILOT Copyright (c) 1994, Landmark Communications, Inc. DATE: Saturday, October 8, 1994 TAG: 9410080386 SECTION: BUSINESS PAGE: D2 EDITION: FINAL TYPE: Digest SOURCE: (Staff) LENGTH: Short : 18 lines
SWVA Banchares Inc., holding company for Southwest Virginia Saving Bank, said it completed a $5.7 million initial public stock offering. The offer of 570,590 shares at $10 a share was in connection with Southwest Virginia's conversion from a mutual to a stock institution. by CNB