CITYFED <CTYF> TO SELL CONSUMER LENDING OFFICES
CityFed Financial Corp said
its City Federal Savings Bank has a preliminary agreement to
sell 14 consumer lending offices to <Goldome FSB> for
undisclosed terms.
    Goldome is the largest mutual savings bank in the U.S.
    CityFed said it decided to sell its consumer lending
offices outside its main market areas in New Jersey and Florida
to concentrate its resources to these markets.
    The offices being sold operate under the name of City
Consumer Serices Inc in Arizona, Colorado, Illinois, Maryland,
New Mexico, Oregon and Virginia.
 Reuter
