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FIRST FEDERAL SAVINGS BANK OF NEW SMYRNA ANNOUNCES CASH DIVIDEND

 FIRST FEDERAL SAVINGS BANK OF NEW SMYRNA ANNOUNCES CASH DIVIDEND
 NEW SMYRNA BEACH, Fla., Jan. 13 /PRNewswire/ -- First Federal Savings Bank of New Smyrna (NASDAQ-NMS: FFSB) board of directors have declared a quarterly cash dividend of $.22 per share (reflecting a higher regular dividend rate) plus a special dividend of $.10 per share based on the savings bank's net income level during fiscal 1991 for a total dividend of $.32 per share payable on Jan. 31, 1992 to shareholders of record on Jan. 23, 1992.
 First Federal, with total assets at Nov. 31, 1991 of $308.8 million, conducts business from its headquarters and main office in New Smyrna Beach, Fla, and branch offices located in Edgewater and New
Smyrna Beach, Fla. First Federal's common stock is listed on the


NASDAQ National Market System under the symbol FFSB.
 -0- 1/13/92
 /CONTACT: Patricia J. Van Eck of First Federal Savings Bank of New Smyrna Beach, 904-428-2466, ext. 6740/
 (FFSB) CO: First Federal Savings Bank of New Smyrna ST: Florida IN: FIN SU: DIV


AW-JJ -- FL003 -- 9043 01/13/92 11:07 EST
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Publication:PR Newswire
Date:Jan 13, 1992
Words:183
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