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BANKING

From Times Staff and Wire Reports

Former Lincoln S&L; President Pleads Guilty: Bruce F. Dickson, 38, a former president of Irvine-based Lincoln Savings & Loan, pleaded guilty in Los Angeles federal court to bank fraud stemming from the thrift’s 1989 collapse. As part of his plea, Dickson of Scottsdale, Ariz., agreed to cooperate with federal officials in their continuing investigation of Charles H. Keating Jr., former chairman of American Continental Corp., the parent of Lincoln. Dickson, a former senior vice president and director of American Continental, faces a maximum penalty of five years in prison and a $250,000 fine. He is the highest ranking of five insiders to enter a plea bargain with federal prosecutors. Dickson worked closely with Robert M. Wurzelbacher, a son-in-law of Keating who headed real estate activities.

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