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ONE VALLEY BANCORP APPROVES SECOND QUARTER DIVIDEND

 CHARLESTON, W.Va., June 16 /PRNewswire/ -- President and Chief Executive Officer J. Holmes Morrison has announced that the board of directors of One Valley Bancorp of WV, Inc. (NASDAQ: OVWV) has approved a quarterly cash dividend of $0.20 per share, payable July 15, 1993, to shareholders of record June 30, 1993.
 Annualized, this amounts to an increase of 14.3 percent over the total dividends declared in 1992.
 One Valley Bancorp has total assets of $2.7 billion and total deposits of $2.3 billion with 57 banking offices in West Virginia.
 One Valley stock is traded over-the-counter on the NASDAQ exchange, with the symbol OVWV.
 -0- 6/16/93
 /CONTACT: Lloyd P. Calvert, senior vice president of One Valley Bancorp, 304-348-7207/
 (OVWV)


CO: One Valley Bancorp of WV, Inc. ST: West Virginia IN: FIN SU: DIV

CD-KC -- PG008 -- 2674 06/16/93 14:20 EDT
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Publication:PR Newswire
Date:Jun 16, 1993
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