ALTUS BANK <ALTS.O> FAILS TO REACH AGREEMENT Altus Bank said it has not been able to reach a definitive agreement to buy Horizon Financial Corp, Horizon Funding and 2.8 billion dlrs in loan servicing from Victor Savings and Loan Association. Altus, formerly known as First Southern Federal Savings and Loan Association, earlier announced the signing of a letter of intent to make the acquisitions. Horizon Financial and Horizon Funding both are units of Victor Savings and Loan Association.