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CFSB BANCORP, INC. ANNOUNCES CASH DIVIDEND

 LANSING, Mich., Dec. 16 /PRNewswire/ -- CFSB Bancorp, Inc. (NASDAQ-NMS: CFSB), holding company for Community First Bank, announced today that the corporation's board of directors has declared its eighth consecutive quarterly cash dividend. The dividend of 10 cents per share will be paid on Jan. 15, 1993, to stockholders of record as of Dec. 31, 1992.
 This cash dividend matches last quarter's dividend of 10 cents per share and continues the current annual dividend rate of 40 cents per share.
 Community First Bank, now in its 102nd year, specializes in residential mortgage lending and retail banking services. Headquartered in Lansing, the bank serves mid-Michigan from 19 branch locations. On Sept. 30, 1992, the bank had assets totaling $652 million.
 -0- 12/16/92
 /CONTACT: Robert H. Becker, president and CEO, 517-374-3588, or John W. Abbott, executive vice president and COO, 517-483-4871, both of CFSB Bancorp/
 (CFSB)


CO: CFSB Bancorp, Inc. ST: Michigan IN: FIN SU: DIV

SB -- DE005 -- 7575 12/16/92 09:06 EST
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Publication:PR Newswire
Date:Dec 16, 1992
Words:164
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