Article: Mystic Financial, Inc. Announces Three and Nine Months Operating Results.

MEDFORD, Mass.--(BUSINESS WIRE)--April 23, 1998--Mystic Financial, Inc. (NASDAQ:MYST) (or the "Company"), the holding company for Medford Co-operative Bank (the "Bank"), today reported the operating results of the Bank for the three months and nine months ended March 31, 1998.

The operating results for the period ended March 31, 1998 are those of the Bank and Company. Mystic Financial, Inc. had not issued any stock and had not conducted any business other than that of an organizational nature until Jan. 8, 1998 when Mystic became the Bank's holding company in connection with the Bank's conversion from mutual to stock form. Operating results prior to March ...

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