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Washington Federal Inc. Message Board

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  • marinshell marinshell Dec 29, 1997 9:59 AM Flag

    Brokerage Reports, BAH HUMBUG

    I have read about this as well. For clarification to all, when Mutual Savings Institutions want to go public they are
    required to offer the shares in the IPO to the depositors (technically the owners of the Mutual Savings Institution). I have tried
    opening up accounts at various MSIs but many have restrictions that prohibit out of towners from opening accounts. If anyone finds
    any MSIs out there that will permit out of town account holders, please let me know. I have one account open at one MSI near me
    and am just waiting for them to go public. They were ion Lynch's list of those likely to go public.

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