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CRESTAR FINANCIAL CORPORATION DECLARES DIVIDEND ON PREFERRED STOCK SERIES B

 RICHMOND, Va., June 25 /PRNewswire/ -- The Board of Directors of Crestar Financial Corporation (NASDAQ-NMS: CRFC) today declared a dividend of $.6875 per share on Crestar's adjustable rate cumulative Preferred Stock Series B. The dividend is payable July 30, 1993, to shareholders of record July 10, 1993.
 Crestar Financial Corporation is the holding company for three banks with 307 banking locations in Virginia, Maryland and the District of Columbia. Other subsidiaries provide insurance, brokerage, mortgage banking and investment advisory services. At March 31, 1993, Crestar had total assets of $12.2 billion and total deposits of $9.2 billion.
 -0- 6/25/93
 /CONTACT: Eugene S. Putnam Jr., investor relations, 804-782-5619, or Cheryl Jenkins, corporate communications, 804-782-5377, both of Crestar Financial Corporation/
 (CRFC)


CO: Crestar Financial Corporation ST: Virginia IN: FIN SU: DIV

KD-MH -- DC009 -- 5688 06/25/93 11:27 EDT
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Publication:PR Newswire
Date:Jun 25, 1993
Words:141
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