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CENTRAL PENNSYLVANIA FINANCIAL DECLARES DIVIDEND

 CENTRAL PENNSYLVANIA FINANCIAL DECLARES DIVIDEND
 SHAMOKIN, Pa., Sept. 23 /PRNewswire/ -- A cash dividend of $.11 per


share for the quarter ending Sept. 30, 1992, was declared Tuesday by the board of directors of Central Pennsylvania Financial Corporation (NASDAQ: CPSA).
 The cash dividend will be payable Oct. 30, 1992, to shareholders of record of Oct. 16. There are 1,927,845 shares of stock issued and outstanding.
 This will be the 34th 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- 9/23/92
 /CONTACT: Frank J. Fendt of Central Pennsylvania Financial, 717-644-0861/
 (CPSA) CO: Central Pennsylvania Financial Corporation ST: Pennsylvania IN: FIN SU: DIV


MP-LJ -- PH032 -- 2700 09/23/92 14:00 EDT
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Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Sep 23, 1992
Words:199
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