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JERSEY BANK FOR SAVINGS OFFERS PREFERRED STOCK

 MONTVALE, N.J., July 12 /PRNewswire/ -- Jersey Bank for Savings, recently ranked among the top 50 New York area banks for performance based on return on assets and equity by Crains New York Business, announced a preferred stock offering.
 Three hundred thousand shares with a par value of $5 per share are available at a subscription price of $10 per share, yielding a 6 percent dividend, payable quarterly. The bank recommends a thorough review of the offering statement before investing.
 For further information and an offering statement, call Clyde Britt, president, at 201-930-0005.
 -0- 7/12/93
 /CONTACT: Clyde Britt, president of Jersey Bank for Savings, 201-930-0005/


CO: Jersey Bank for Savings ST: New Jersey IN: FIN SU: OFR

LG-PS -- NY019 -- 0277 07/12/93 09:20 EDT
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Publication:PR Newswire
Date:Jul 12, 1993
Words:128
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