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GWINNETT BANCSHARES, INC. ANNOUNCES QUARTERLY DIVIDEND

 LAWRENCEVILLE, Ga., March 11 /PRNewswire/ -- The board of directors of Gwinnett Bancshares, Inc. (NASDAQ: GBSI), the holding company for Gwinnett Federal Bank, FSB of Lawrenceville, has declared an increase in its quarterly dividend from $.11 to $.15 per share of common stock to be paid on April 15 to shareholders of record as of April 1.
 Currently, there are 1,364,951 shares of common stock outstanding.
 The common stock of Gwinnett Bancshares is traded over-the-counter and quoted on the National Association of Securities Dealers Automated Quotation (NASDAQ) System under the symbol "GBSI."
 -0- 3/11/93
 /CONTACT: James F. Pack, chairman and chief executive officer, or Robert F. Huttman, chief financial officer, of Gwinnett Bancshares, 404-995-6000/
 (GBSI)


CO: Gwinnett Bancshares, Inc. ST: Georgia IN: FIN SU: DIV

RA-BR -- AT007 -- 5174 03/11/93 14:35 EST
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Publication:PR Newswire
Date:Mar 11, 1993
Words:137
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