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CFSB BANCORP, INC. ANNOUNCES CASH DIVIDEND

 LANSING, Mich., June 15 /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 tenth consecutive quarterly cash dividend. The dividend of 11 cents per share will be paid on July 15, 1993 to stockholders of record as of June 30, 1993.
 This dividend matches last quarter's dividend of 11 cents per share and continues the current annual dividend rate of 44 cents per share.
 Community First Bank, now in its 103rd year, specializes in residential mortgage lending and retail banking services. Headquartered in Lansing, the Bank serves mid-Michigan from 19 branch locations. On March 31, 1993, the Corporation had assets totaling $634 million.
 -0- 6/15/93
 /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, Inc./
 (CFSB)


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

JG -- DE030 -- 2311 06/15/93 16:31 EDT
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Publication:PR Newswire
Date:Jun 15, 1993
Words:164
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