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FIRST LIBERTY FINANCIAL CORP. DECLARES PREFERRED STOCK DIVIDEND

 MACON, Ga., April 1 /PRNewswire/ -- First Liberty Financial Corp. (NASDAQ: FLFC) today announced that it had declared a dividend of 24 cents per share on its Series A 7.75 percent Cumulative Convertible Preferred Stock.
 The dividend will be paid on April 1, to all holders of record as of March 31. This series of stock was issued on Feb. 16 and there are 460,000 shares outstanding. It is quoted through the National Market System of the National Association of Securities Dealers (NASDAQ) under the symbol FLFCP.
 First Liberty Financial Corp. is the holding company for First Liberty Bank which operates 26 banking offices in middle, coastal and south Georgia, a loan production office in Atlanta and owns a mortgage banking subsidiary, Liberty Mortgage Corporation, which operates throughout Georgia and through correspondent relationships in several southeastern states. First Liberty common stock is quoted through NASDAQ under the symbol FLFC. First Liberty's 11 percent Subordinated Debentures, 8.25 percent Subordinated Debentures and 8.25 percent Convertible Subordinated Debentures are traded through the inter-dealer quotation system commonly referred to as the "yellow sheets."
 -0- 4/1/93
 /CONTACT: David L. Hall, senior vice president and chief financial officer of First Liberty Financial Corp., 912-743-0911/
 (FLFC)


CO: First Liberty Financial Corp. ST: Georgia IN: FIN SU: DIV

BR-CM -- AT008 -- 2079 04/01/93 13:51 EST
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Publication:PR Newswire
Date:Apr 1, 1993
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