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FRANKLIN BANK DECLARES PREFERRED STOCK DIVIDEND

 FRANKLIN BANK DECLARES PREFERRED STOCK DIVIDEND
 SOUTHFIELD, Mich., Sept. 23 /PRNewswire/ -- Franklin Bank, N.A.


(NASDAQ: FSVB) today announced the fourth consecutive dividend payment on its Series A Noncumulative Preferred Shares. A dividend of $0.225 per share will be paid on Oct. 15, 1992, to stockholders of record as of Oct. 5, 1992.
 Franklin's Series A Preferred Shares are listed and traded on the NASDAQ National Market System under the symbol "FSVBP."
 Franklin Bank is headquartered in Oakland County. Administrative offices and one regional branch are located in Southfield, with two additional regional branches in Birmingham and Grosse Pointe Woods. Total assets at June 30, 1992, were $401 million.
 -0- 9/23/92
 /CONTACT: Rebecca J. Christian or Lisa Aupperle of Franklin Bank, 313-358-1615, or (outside Michigan), 800-356-8910/
 (FSVB) CO: Franklin Bank, N.A. ST: Michigan IN: FIN SU: DIV


JG -- DE006 -- 2515 09/23/92 09:35 EDT
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Publication:PR Newswire
Date:Sep 23, 1992
Words:150
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