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BT FINANCIAL CORPORATION DECLARES DIVIDEND

 JOHNSTOWN, Pa., June 24 /PRNewswire/ -- On June 23, 1993, the BT Financial Corporation (NASDAQ: BTFC) board of directors declared a 5 percent stock dividend, payable July 26, 1993, to shareholders of record July 9, 1993.
 This stock dividend will increase the common capital of BT Financial Corporation from $15,684,310 to $16,468,525. Each shareholder will receive an additional 1/20th share for each share owned. Shareholders will be paid for all fractional shares. This fractional share is considered a cash dividend.
 BT Financial Corporation is a bank holding company, with assets of $900 million, headquartered in Johnstown. Banking affiliates include Johnstown Bank and Trust Company, Johnstown; Laurel Bank, Ebensburg, Pa.; and Fayette Bank and Trust Company, Uniontown, Pa. Together, they comprise a total of 56 offices serving Cambria, Somerset, Bedford, Blair, Indiana, Westmoreland, Fayette, Butler and Allegheny counties. BT Financial Corporation's other affiliates are BT Management Trust Company, a Pennsylvania state-chartered trust company, and Bedford Associates, Inc., a real estate company.
 -0- 6/24/93
 /CONTACT: Gerald W. Swatsworth, chairman and chief executive officer of BT Financial Corporation, 814-532-3801/
 (BTFC)


CO: BT Financial Corporation ST: Pennsylvania IN: FIN SU: DIV

CD-MP -- PG004 -- 5181 06/24/93 09:09 EDT
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Publication:PR Newswire
Date:Jun 24, 1993
Words:202
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