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CRESTAR FINANCIAL CORPORATION DECLARES DIVIDEND ON COMMON STOCK

 RICHMOND, Va., July 23 /PRNewswire/ -- The Board of Directors of Crestar Financial Corporation (NASDAQ-NMS: CRFC) today declared a dividend of $.28 per share on Crestar's Common Stock. The dividend is payable Aug. 21, 1993, to shareholders of record on Aug. 2, 1993.
 Crestar Financial Corporation is the holding company for three banks with 303 banking offices in Virginia, Maryland and the District of Columbia. Other subsidiaries provide insurance, brokerage, mortgage banking and investment advisory services. At June 30, 1993, Crestar had total assets of $13.2 billion and total deposits of $10 billion.
 -0- 7/23/93
 /CONTACT: Eugene S. Putnam Jr., Investor Relations, 804-782-5619, or Cheryl Jenkins, Corporate Communications, 804-782-5377, both of Crestar Financial Corporation/
 (CRFC)


CO: Crestar Financial Corporation ST: Virginia IN: FIN SU: DIV

TW-KD -- DC019 -- 5097 07/23/93 11:24 EDT
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Publication:PR Newswire
Date:Jul 23, 1993
Words:136
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