WAL-MART FILES TO PURCHASE BANK

BENTONVILLE, Ark. (FNS) -- Wal-Mart Stores here said last week it has found a solution to the difficulties of attracting in-store banks in certain geographic areas for supercenters and other retail operations.It plans to buy its own bank.Wal-Mart last week applied to the Office of Thrift Supervision in Washington to acquire an Oklahoma federal savings bank.In the filing, Wal-Mart proposed to buy Federal

BENTONVILLE, Ark. (FNS) -- Wal-Mart Stores here said last week it has found a solution to the difficulties of attracting in-store banks in certain geographic areas for supercenters and other retail operations.

It plans to buy its own bank.

Wal-Mart last week applied to the Office of Thrift Supervision in Washington to acquire an Oklahoma federal savings bank.

In the filing, Wal-Mart proposed to buy Federal BankCenter, Broken Arrow, Okla., for an undisclosed amount.

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