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MICHIGAN NATIONAL CORP. DECLARES DIVIDEND

 MICHIGAN NATIONAL CORP. DECLARES DIVIDEND
 FARMINGTON HILLS, Mich., March 18 /PRNewswire/ -- The board of


directors of Michigan National Corp. (NASDAQ-NMS: MNCO) today declared a regular quarterly cash dividend of 50 cents per share on common stock, payable April 15, 1992, to shareholders of record as of April 1, 1992.
 Michigan National Corp. is a diversified financial services corporation with total assets of $10.6 billion. It is a bank holding company and a savings and loan holding company.
 Michigan National Corporation's principal subsidiary, Michigan National Bank, has approximately 190 branches throughout Michigan and operates the state's largest automated teller machine network.
 The stock of Michigan National Corporation is nationally listed under the symbol MNCO and is traded on the NASDAQ national market.
 -0- 3/18/92
 /CONTACT: Ariadne Magoulias, 313-473-3428, or Vernon Patterson (investor relations), 313-473-3076, both of Michigan National Corp./
 (MNCO) CO: Michigan National Corporation ST: Michigan IN: FIN SU: DIV


SM -- DE022 -- 9318 03/18/92 14:41 EST
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Publication:PR Newswire
Date:Mar 18, 1992
Words:161
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