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NFS FINANCIAL CORP. DIVIDEND

    NASHUA, N.H., Aug. 13 /PRNewswire/ -- NFS Financial Corp. (NASDAQ: NFSF) has declared a dividend of ten cents per share on its common stock for the quarter ended June 30, 1993.
    The dividend will be payable Sept. 14, 1993 to shareholders of record Aug. 27, 1993.
    James H. Adams, president/CEO said, "I am very pleased to join with the other directors of NFS Financial Corp. in announcing another dividend on our common stock.  Total quarterly and special dividends paid so far this year are now 34 cents per share compared to none at this time last year."
    NFS earned $7,313,000, or $2.65 per share for the first half of 1993, after an accounting change, compared to earnings of $1,372,000 or 50 cents per share for the first half of 1992.  Earnings for the first six months of 1993, before the accounting change, were $2,840,000, or $1.03 per share.
    NFS Financial Corp. is the holding company for NFS Savings Bank, Nashua, N.H. and Plaistow Co-operative Bank, Plaistow, N.H.
    -0-             08/13/93
    CONTACT: David A. Sobe or Albert R. Rietheimer, both of NFS Financial, 603-880-2011
    (NFSF) CO:  NFS FINANCIAL CORPORATION IN:  FIN SU:  DIV ST:  NH


-- NE006 -- X681 08/13/93
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Publication:PR Newswire
Date:Aug 13, 1993
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