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CRESTAR FINANCIAL CORPORATION DECLARES DIVIDEND ON PREFERRED STOCK SERIES B

 RICHMOND, Va., Sept. 24 /PRNewswire/ -- The board of directors of Crestar Financial Corporation (NYSE: CF) today declared a dividend of $0.6875 per share on Crestar's adjustable rate cumulative Preferred Stock Series B. The dividend is payable Oct. 29, 1993, to shareholders of record Oct. 8, 1993.
 Crestar Financial Corporation is the holding company for three banks with 302 banking locations in Virginia, the District of Columbia and its Maryland suburbs. Other subsidiaries provide insurance, brokerage, mortgage banking and investment advisory services. At June 30, 1993, Crestar had total assets of $12.2 billion and total deposits of $9.2 billion.
 -0- 9/24/93
 /CONTACT: Eugene S. Putnam Jr., investor relations, 804-782-5619, or Cheryl Jenkins, corporate communications, 804-782-5377, both of Crestar Financial/
 (CF)


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

DC-MH -- DC013 -- 5385 09/24/93 11:36 EDT
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Publication:PR Newswire
Date:Sep 24, 1993
Words:143
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