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HARLEYSVILLE NATIONAL CORPORATION DECLARES CASH DIVIDEND

 HARLEYSVILLE NATIONAL CORPORATION DECLARES CASH DIVIDEND
 HARLEYSVILLE, Pa., March 2 /PRNewswire/ -- The board of directors of Harleysville National Corporation (NASDAQ-NMS: HNBC) declared on Feb. 27, 1992, a quarterly cash dividend of $.23 per share on the 2,298,846 shares of outstanding common stock, it was announced today.
 The dividend is payable March 31, 1992, to shareholders of record March 13. The dividend is a 9.5 percent increase over the same period last year and a 1 cent per share increase over the last quarter.
 "Our banks have continued their record of solid performance, and this dividend to our shareholders is a reflection of that," said Walter E. Daller Jr., president and chief executive officer. "Further, we see significant opportunities in this current environment -- with reluctance on the part of other banks -- to expand our loan portfolio with quality credits and to increase market share."
 Harleysville National Corporation and PNC Financial Corp (NYSE: PNC) announced recently that their respective subsidiaries have reached an agreement whereby Harleysville National Bank & Trust Company will acquire four branches of Provident National Bank of Philadelphia. The branches are located in Collegeville at 364 Main St.; in Sellersville at 209 N. Main St.; and two sites in Quakertown at 224-228 W. Broad St., and Trainer's Corner Shopping Center, Routes 663 and 309. Pending review and approval by various regulatory agencies, the transaction is expected to be completed by mid-1992.
 Harleysville National Corporation is a bank holding company headquartered in Harleysville, Montgomery County, Pa. Harleysville National's wholly owned subsidiaries are Harleysville National Bank and Trust Company which operates 11 branch offices in Montgomery County and has assets in excess of $440 million; and The Citizens National Bank of Lansford, Carbon County, Pa., with assets in excess of $35 million. Harleysville National Corporation stock is traded over the counter on the NASDAQ National Market System under the symbol "HNBC."
 /delval/
 -0- 3/2/92
 /CONTACT: Walter E. Daller Jr., president and CEO of Harleysville National Corporation, 215-256-8851, ext. 201/
 (HNBC PNC) CO: Harleysville National Corporation ST: Pennsylvania IN: FIN SU: DIV


KA-MP -- PH004 -- 3823 03/02/92 10:01 EST
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Publication:PR Newswire
Date:Mar 2, 1992
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