The Virginian-Pilot
                             THE VIRGINIAN-PILOT 
              Copyright (c) 1995, Landmark Communications, Inc.

DATE: Saturday, February 25, 1995            TAG: 9502250213
SECTION: BUSINESS                 PAGE: D2   EDITION: FINAL 
SOURCE: STAFF REPORT 
                                             LENGTH: Short :   17 lines

CRESTAR FINANCIAL BUYS BACK STOCK

Crestar Financial Corp., the Richmond-based parent of Crestar Bank, said that its board authorized the repurchase of as many as 1.5 million common shares in the open market or in negotiated transactions over the next year. Crestar, the largest bank holding company based in Virginia, had 37.3 million common shares outstanding at the end of 1994. by CNB