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CRESTAR FINANCIAL CORPORATION DECLARES DIVIDEND ON PREFERRED STOCK SERIES B

 RICHMOND, Va., March 26 /PRNewswire/ -- The board of directors of Crestar Financial Corporation (NASDAQ-NMS: CRFC) today declared a dividend of $0.6875 per share on Crestar's adjustable rate cumulative Preferred Stock Series B. The dividend is payable April 30, 1993, to shareholders of record April 10, 1993.
 Crestar Financial Corporation is the holding company for three banks with 289 banking offices in Virginia, Maryland and the District of Columbia. Other subsidiaries provide insurance, brokerage, mortgage banking and investment advisory services. At Dec. 31, 1992, Crestar had total assets of $12.7 billion and total deposits of $9.6 billion.
 -0- 3/26/93
 /CONTACT: Eugene S. Putnam Jr., Investor Relations, 804-782-5619, or Cheryl Jenkins, Corporate Communications, 804-782-5377, both of Crestar/
 (CRFC)


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

IH-DC -- DC011 -- 0056 03/26/93 12:20 EST
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Publication:PR Newswire
Date:Mar 26, 1993
Words:140
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