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VIRGINIA FIRST SAVINGS BANK APPROVED FOR LISTING ON THE NASDAQ NATIONAL MARKET SYSTEM

 PETERSBURG, Va., Feb. 26 /PRNewswire/ -- Virginia First Savings Bank, F.S.B. (NASDAQ-NMS: VFSB), headquartered in Petersburg, Va., today announced that the firm had been approved for listing on the NASDAQ National Market System (NMS). The trading symbol will be VFSB. Effective immediately, price quotes for the savings bank's 2,623,924 shares of common stock will be available electronically throughout the NMS network.
 Paul W. Walk, Jr., Senior VP, Stockholder Relations, noted that "the inclusion on NMS will dramatically improve the visibility of the savings bank's securities and allow those dealers marketing the firm's shares to provide more balanced pricing." Walk added that "the universe of potential buyers has now widened, as many investors only purchase shares of firms which qualify for NMS listing." Walk concluded that listing on the NMS "reflects security in the savings bank's current status and confidence in its future."
 Virginia First Savings Bank operates 23 retail offices and 13 loan production facilities in the states of Virginia and Maryland.
 -0- 2/26/93
 /CONTACT: Paul W. Walk, Jr., Senior Vice President, Virginia First Savings Bank, 804-733-0333 or 804-748-5847
 (VFSB)


CO: Virginia First Savings Bank ST: Virginia IN: FIN SU:

MM -- CH004 -- 0743 02/26/93 09:20 EST
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Publication:PR Newswire
Date:Feb 26, 1993
Words:204
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