FAILING WASHINGTON STATE S/L IS ACQUIRED

  The Federal Home Loan Bank Board
  (FHLBB) announced the acquisition of Home Savings and Loan
  Association in Seattle, Washington, by InterWest Savings Bank
  of Oak Harbour, Washington.
      The FHLBB said Home Savings was the 12th troubled savings
  institution requiring federal action this year.
      It said Home Savings had assets of 150.6 mln dlrs in assets
  and InterWest had assets of 342.9 mln dlrs.
  

