SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) August 18,1994
____________Central Fidelity Banks, Inc.________
(Exact name of registrant as specified in charter)
Virginia _ 54-1091649____
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
_________1021 East Cary Street, Richmond, Virginia 23219_
(Address of principal executive offices) (Zip Code)
___________________(804) 782-4000___________________
(Registrant's telephone number, including area code)
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Item 5. Other Events.
The Issuer announced that its Chairman and Co-Chief Executive Officer
Carroll L. Saine died of natural causes today. Funeral arrangements are
incomplete at this time. President and Co-Chief Executive Officer Lewis
N. Miller, Jr. will continue to oversee the operations of the Virginia
bank holding Company.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of
1934 the registrant has duly caused this report to be signed on its
behalf by the undersigned hereunto duly authorized.
Central Fidelity Banks, Inc.
(Registrant)
Date: August 18, 1994 /s/ James F. Campbell
James F. Campbell
Senior Vice President & Controller
