FIRST FEDERAL DELAWARE AGREEMENT EXTENDED
<First Federal Savings Bank>
of Delaware said its agreement to negotiate exclusively for its
sale with <Oxford Financial Group> has been extended until
April 8 from March 18.
    The company said it is in the final stages of talks with
Oxford over the terms of the proposed acquisition.  Under a
nonbinding letter of intent signed in June 1986, Oxford would
pay 11 dlrs per First Federal share, subject to First Federal
shareholder approval.
 Reuter
