BAYBANKS DECLARES DIVIDEND.
BOSTON--(BUSINESS WIRE)--July 27, 1995 -- This morning William M.
Crozier, Jr., chairman of the board and president of BayBanks, Inc.,
announced that the board of directors had voted a quarterly dividend of
$.60 per share on the Company's common stock payable Friday, Sept.
1, 1995 to stockholders of record Monday, Aug. 14, 1995. The previous
dividend was $.50 per share.
CONTACT: Media Investor
Bruce E. Spitzer or Michael W. Vasily
Vice President Executive Vice President
Public Relations and Chief Financial Officer
(617) 788-7812 (617) 482-1040
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