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CENTRAL PENNSYLVANIA FINANCIAL CORP. DECLARES DIVIDEND

 CENTRAL PENNSYLVANIA FINANCIAL CORP. DECLARES DIVIDEND
 SHAMOKIN, Pa., June 25 /PRNewswire/ -- A cash dividend of $.11 per
 share for the quarter ending June 30, 1992, was declared Wednesday by
 the board of directors of Central Pennsylvania Financial Corp.
 (NASDAQ: CPSA).
 The cash dividend will be payable July 31, 1992, to shareholders of
 record of July 17. There are 1,927,845 shares of stock issued and
 outstanding.
 This will be the 33rd consecutive quarterly cash dividend for the
 company since its principal subsidiary, Central Pennsylvania Savings
 Association, converted to stock ownership from a mutual association in
 March 1984.
 Central Pennsylvania Financial Corporation is the parent of Central
 Pennsylvania Savings Association which was originally chartered in 1873.
 The association is the 14th-largest savings institution in Pennsylvania,
 with 23 offices throughout central, southeastern and southern
 Pennsylvania. Offices are located in Shamokin, Mount Carmel,
 Williamsport, Lewisburg, Danville, Shamokin Dam, Sunbury, Hershey, Camp
 Hill, Lancaster, York, Columbia, Wrightsville, Fairview Village, West
 Point, Quakertown, Norristown, Reading, Warminster, Allentown and
 Philadelphia.
 -0- 6/25/92
 /CONTACT: Frank J. Fendt of Central Pennsylvania Financial,
 717-644-0861/
 (CPSA)
 CO: Central Pennsylvania Financial Corporation
 ST: Pennsylvania
 IN: FIN
 SU: DIV


MJ-CC -- PH025 -- 3787 06/25/92 12:44 EDT
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Publication:PR Newswire
Date:Jun 25, 1992
Words:199
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