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VILLAGE FINANCIAL DECLARES FIRST 1993 DIVIDEND

 PORT CHESTER, N.Y., Jan. 21 /PRNewswire/ -- The board of directors of Village Financial Services, Ltd. (NASDAQ: VIFS) has declared a dividend on its common stock of seven and one-half cents ($0.075) per share. The dividend is payable Feb. 12, 1993 to shareholders of record at the close of business Feb. 1, 1993.
 The dividend follows four dividends, also seven and one-half cents each, paid in 1992: Nov. 13 to shareholders of record at the close of business Nov. 2, Aug. 14 to shareholders of record Aug. 3, May 12 to shareholders of record May 1, and Feb. 7 to shareholders of record Jan. 27.
 Village Financial and its sole subsidiary, Village Bank, conduct business from their Administrative Center in Port Chester (Westchester County), New York, and nine full-service Banking Centers, eight of which are in Westchester County and one in the Riverdale section of the Bronx. Deposits of the bank are insured up to the applicable limits by the Bank Insurance Fund of the FDIC.
 -0- 1/21/93
 /CONTACT: Robert Jones of Village Financial Services, 914-939-7200/
 (VIFS)


CO: Village Financial Services, Ltd. ST: New York IN: FIN SU: DIV

KD-OS -- NY042 -- 7395 01/21/93 12:09 EST
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Publication:PR Newswire
Date:Jan 21, 1993
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