FIRST SOUTHERN &lt;FSFA> TO MAKE ACQUISITION

  First Southern Federal Savings and
  Loan Association said it has agreed in principle to acquire
  Horizon Financial Corp and Horizon Funding corp from &lt;Victor
  Federal Savings and Loan Association> of Muskogee, Okla., for
  undisclosed terms.
      The company said the purchase is subject to approval of the
  boards of First Southern and Victor and regulatory agencies.
      Horizon Financial services mortgage loans and Horizon
  Funding is a wholesale loan purchasing operation. Horizon
  services 3.2 billion dlrs in mortgage loans.
  

