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CENTRAL PENNSYLVANIA FINANCIAL ANNOUNCES DIVIDEND

 CENTRAL PENNSYLVANIA FINANCIAL ANNOUNCES DIVIDEND
 SHAMOKIN, Pa., March 25 /PRNewswire/ -- A cash dividend of $.11 per


share for the quarter ending March 31, 1992, was declared Tuesday by the board of directors of Central Pennsylvania Financial Corporation (NASDAQ: CPSA).
 The cash dividend will be payable April 24, 1992, to shareholders of record of April 10. There are 1,888,143 shares of stock issued and outstanding.
 This will be the 32nd consecutive quarterly cash dividend for the company since its principal subsidiary, Central Pennsylvania Savings Association, converted to stock ownership from a mutual association in March 1984.
 Central Pennsylvania Financial Corporation is the parent of Central Pennsylvania Savings Association, which was originally chartered in 1873. The association is the 15th largest savings institution in Pennsylvania with 23 offices throughout central, southeastern and southern Pennsylvania. Offices are located in Shamokin, Mount Carmel, Williamsport, Lewisburg, Danville, Shamokin Dam, Sunbury, Hershey, Camp Hill, Lancaster, York, Columbia, Wrightsville, Fairview Village, West Point, Quakertown, Norristown, Reading, Warminster, Allentown and Philadelphia.
 -0- 3/25/92
 /CONTACT: Frank J. Fendt of Central Pennsylvania Financial, 717-644-0861/
 (CPSA) CO: Central Pennsylvania Financial Corporation ST: Pennsylvania IN: FIN SU: DIV


MP-MK -- PH008 -- 1433 03/25/92 10:20 EST
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Publication:PR Newswire
Date:Mar 25, 1992
Words:199
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