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POUGHKEEPSIE SAVINGS DIRECTOR RESIGNS

 POUGHKEEPSIE SAVINGS DIRECTOR RESIGNS
 POUGHKEEPSIE, N.Y., Aug. 25 /PRNewswire/ -- Joseph B. Tockarshewsky,


chairman, president and chief executive officer of Poughkeepsie Savings Bank, FSB (NASDAQ: PKPS), today announced that Jonathan A. Bulkley has resigned as a director, effective Aug. 16, 1992. Bulkley has decided to pursue business opportunities in eastern Europe and will relocate there in the near future. As a result of Bulkley's resignation, the membership of the board has been reduced from nine to eight members.
 Poughkeepsie Savings Bank is a community banking institution whose principal market is the mid-Hudson Valley region of New York, where it operates seven branches. Market Street Mortgage Corporation, its Tampa- based mortgage banking subsidiary, has loan production offices in Florida, North Carolina, Georgia, Virginia and Maryland. The bank's deposits are insured by the Federal Deposit Insurance Corporation.
 -0- 8/25/92
 /CONTACT: Joseph B. Tockarshewsky of Poughkeepsie Savings Bank, 914-431-6211/
 (PKPS) CO: Poughkeepsie Savings Bank, FSB ST: New York IN: FIN SU: PER


PS -- NY075 -- 3179 08/25/92 16:53 EDT
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Publication:PR Newswire
Date:Aug 25, 1992
Words:170
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