CENTRAL PENNSYLVANIA <CPSA> BUYS STAKE IN FIRM
Central Pennsylvania Savings
Association said it made a 30 pct investment in <Pinnacle
Mortgage Investment Co>.
    Terms were not disclosed.
    Pinnacle, incorporated in 1985, generates about 60 mln dlrs
in closed mortgage loans annually.
    Central Pennsylvania also said its directors recently
approved a letter of intent to acquire Hamilton-Reliance
Savings Association of Norristown, Pa.
 Reuter
