HOME FEDERAL <HFD> TO CONVERT TO STATE CHARTER
Home Federal Savings and Loan
Association said it filed an application with the California
State Banking Department for permission to convert to a state
bank charter.
    As part of the conversion process it also filed an
application for Federal Deposit Insurance Corp Insurance, Home
Federal said.
    It said the application for a bank charter is a natural
progression consistent with its plan to become a regional
banking force.
 Reuter
