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STAFF BUILDERS RELOCATES LOCAL OFFICES TO AMHERST

Staff Builders Home Health Care has relocated its administrative offices to 1127 Wehrle Drive in Amherst from downtown Buffalo. The newly built headquarters, located at the corner of Cayuga and Wehrle drives, has 16,500 square feet of space.

The home health care organization will continue to operate a small satellite office at the site of its former headquarters at 71 Huron St. in Buffalo. The downtown office will handle training, contract coordination and recruitment.

Staff Builders Home Health Care is part of a national corporation that operates 240 offices throughout the country, and is ranked as the third-largest home care agency in the United States.

Fed branch reappoints Swan, Thomas to board

William E. Swan and Lewis J. Thomas are among three people reappointed directors of the Federal Reserve Bank of New York's Buffalo Branch.

Swan, Lockport Savings Bank's president and chief executive officer, and Thomas, District 4 director of the United Steelworkers of America, each will serve three-year terms beginning in January.

The third director reappointed to a three-year term was Mark W. Adams, operator of Adams Poultry Farm in Naples.

The three directors join Bal Dixit, chairman and chief executive officer of Newtex Industries Inc. in Victor, who was reappointed as the Buffalo branch's board chairman.

Letchworth Bancshares buying stock, warrants

Directors of Letchworth Independent Bancshares have authorized the repurchase of up to $2 million of the bank holding company's common stock and warrants.

Management is authorized to repurchase stock shares and warrants on the open market or in privately negotiated transactions. The timing and number of shares or warrants bought will depend on the availability, market conditions and the company's financial performance.

Letchworth Independent Bancshares, parent of the Bank of Castile, currently has roughly one million share of common stock outstanding and 85,000 of 200,000 warrants that still must be redeemed by Dec. 31 of this year.

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