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CENTRAL PENNSYLVANIA FINANCIAL CORP. DECLARES DIVIDEND

 SHAMOKIN, Pa., Dec. 30 /PRNewswire/ -- A cash dividend of $.11 per share for the quarter ending Dec. 31, 1993, was declared today by the board of directors of Central Pennsylvania Financial Corp. (NASDAQ: CPSA)
 The cash dividend will be payable Jan. 28, 1994 to shareholders of record Jan. 21. There are 1,961,922 shares of stock issued and outstanding.
 This will be the 39th consecutive quarterly cash dividend for the company since its principal subsidiary, Central Pennsylvania Savings Association, F.A., converted to stock ownership from a mutual association in March 1984.
 Central Pennsylvania Financial Corp. is the parent of Central Pennsylvania Savings Association, F.A., which was originally chartered in 1873. The association has 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- 12/30/93
 /CONTACT: Frank J. Fendt, 717-644-0861, of Central Pennsylvania Financial Corp/
 (CPSA)


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

JO-JM -- PH021 -- 8189 12/30/93 18:21 EST
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Publication:PR Newswire
Date:Dec 30, 1993
Words:190
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