BANKING CENTER <TBCX> TO MAKE ACQUISITION
Banking Center said it has
signed a letter of intent to acquire First Railroad Mortgage Co
from First Union Bank of Augusta, Ga., for undisclosed terms.
    The company said First Railroad had loan production of over
100 mln dlrs in 1986 and was servicing over 435 mln dlrs in
loans at the end of 1986.
 Reuter
