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F&M BANCORPORATION ANNOUNCES INCREASE IN DIVIDEND

 KAUKAUNA, Wis., Nov. 9 /PRNewswire/ -- The board of directors of F&M Bancorporation (NASDAQ-NMS: FMBK) declared a $0.09 per share dividend for the fourth quarter of 1993. This is a 28.57 percent increase over the $0.07 per share paid in the fourth quarter of 1992. This dividend is payable on Nov. 30, 1993, to shareholders of record on Nov. 18, 1993.
 On a year to date basis, the company has declared dividends of $0.36 per share during 1993 as compared to $0.274 during the same time period in 1992. This is an increase of 31.39 percent and reflects the 10 percent stock dividend in 1992 and the two-for-one stock split in 1993.
 Gail E. Janssen, president and chairman of the board for F&M Bancorporation stated, "Along with our growth through acquisitions and expansion we have maintained strong and consistent earnings throughout this year, increasing the benefits to our shareholders."
 The acquisition of Park Ridge Bancshares, Inc., in Stevens Point, Wis., was completed in the third quarter of 1993. In addition, F&M announced the planned affiliation with Pulaski Bancshares, Inc. The acquisition of First National Financial Corporation, Inc., and the construction of a new Green Bay office, are scheduled to be completed during the first half of next year.
 With this growth through acquisition and expansion, F&M Bancorporation will serve customers at 38 locations throughout Wisconsin, with assets of over $700 million.
 -0- 11/9/93
 /CONTACT: Linda K. Seefeldt, vice-president, marketing, of F&M Bancorporation, 414-766-1717/
 (FMBK)


CO: F&M Bancorporation ST: Wisconsin IN: FIN SU: DIV

KL-AR -- CL026 -- 2430 11/09/93 16:31 EST
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Publication:PR Newswire
Date:Nov 9, 1993
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