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VIRGINIA BEACH FEDERAL DECLARES REGULAR QUARTERLY DIVIDEND

 VIRGINIA BEACH, Va., Feb. 1 /PRNewswire/ -- Virginia Beach Federal Financial Corporation (NASDAQ-NMS: VABF) today announced the declaration of a $.04 per share regular quarterly dividend, payable on Feb. 26, 1993, to shareholders of record on Feb. 12, 1993.
 Virginia Beach Federal Financial Corporation is the parent company of Virginia Beach Federal Savings Bank. The Financial Corporation has no other activities. The Bank, headquartered in Virginia Beach, is a 57-year-old institution providing full financial services to customers in the Hampton Roads area of Virginia.
 -0- 2/1/93
 /CONTACT: Dennis R. Stewart of Virginia Beach Federal Financial Corporation, 804-428-9331/
 (VABF)


CO: Virginia Beach Federal Financial Corporation ST: Virginia IN: FIN SU: DIV

TW -- DC014 -- 1321 02/01/93 11:19 EST
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Publication:PR Newswire
Date:Feb 1, 1993
Words:120
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