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FIRST OF AMERICA BANK CORP. DECLARES DIVIDENDS ON 4 PREFERRED STOCK ISSUES

 FIRST OF AMERICA BANK CORP. DECLARES DIVIDENDS
 ON 4 PREFERRED STOCK ISSUES
 KALAMAZOO, Mich., July 15 /PRNewswire/ -- The board of directors of First of America Bank Corporation (NYSE: FOA) today declared dividends on the company's four convertible preferred stock issues.
 Payable Sept. 1 to shareholders of record July 27 are:
 -- A dividend of $0.475 per share of Series E 10-percent convertible preferred stock.
 -- A dividend of $4.275 per share of Series F 9-percent convertible preferred stock.
 -- A dividend of $1.0125 per share of Series G 9-percent convertible preferred stock.
 -- A dividend of $4.275 per share of Series H 9-percent convertible preferred stock.
 First of America Bank Corporation, headquartered in Kalamazoo, is one of the largest bank holding companies in the Midwest with assets exceeding $19 billion. First of America has 566 offices in Michigan, Indiana and Illinois that serve over 300 communities. The banks engage in commercial banking, retail banking and mortgage banking, and provide trust, financial data processing and other financial services. Based on net income, profitability and size of franchise, First of America is ranked among the top 35 banking companies in the United States.
 -0- 7/15/92
 /CONTACT: Jennifer D. Cox, financial reporting manager, 616-376-7115, or Martha A. Melone, public relations specialist, 616-376-7287, both of First of America/
 (FOA) CO: First of America Bank Corporation ST: Michigan IN: FIN SU: DIV


ML -- DE004 -- 9607 07/15/92 13:49 EDT
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Publication:PR Newswire
Date:Jul 15, 1992
Words:238
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