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GWINNETT BANCSHARES DECLARES INCREASE IN QUARTERLY DIVIDEND

 GWINNETT BANCSHARES DECLARES INCREASE IN QUARTERLY DIVIDEND
 LAWRENCEVILLE, Ga., March 17 /PRNewswire/ -- The board of directors of Gwinnett Bancshares, Inc. (NASDAQ: GBSI), the holding company for Gwinnett Federal Bank, FSB of Lawrenceville, Ga., has declared an increase in its quarterly dividend from $.10 to $.11 per share of common stock to be paid on April 15 to shareholders of record as of April 1.
 Currently, there are 1,395,051 shares of common stock outstanding.
 The common stock of Gwinnett Bancshares is traded Over-the-Counter and quoted on the National Association of Securities Dealers Quotation (NASDAQ) System under the symbol "GBSI."
 -0- 3/17/92
 /CONTACT: James F. Pack, chairman and chief executive officer, or Robert F. Huttman, chief financial officer of Gwinnett Bancshares, 404-995-6000/
 (GBSI) CO: Gwinnett Bancshares, Inc. ST: Georgia IN: FIN SU: DIV


BR-BN -- AT001 -- 8655 03/17/92 09:08 EST
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Publication:PR Newswire
Date:Mar 17, 1992
Words:144
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