CITIZENS BANCORP
14401 Sweitzer Lane
Laurel, MD 20707
January 22, 1997
Securities and Exchange Commission
Judiciary Plaza
450 - 5th Street, N.W.
Washington, D.C. 20549
Gentlemen:
Re: SEC Form 4 - Citizens Bancorp
Alfred H. Smith, Jr., Chairman and Director
Pursuant to Sections 16(a) and/or 23(a) of the Securities Exchange Act of
1934, we are sending herewith Form 4 for the Month of December, 1996, for
Alfred H. Smith, Jr.,Chairman of the Board and Director of Citizens Bancorp.
One manually-signed copy of the Form 4 (Plus 2 copies) will be supplied by
mail.
Please note that Citizens Bancorp was acquired by Crestar Financial
Corporationon December 31, 1996. Therefore, after the filing of Forms 5 for
1996, Citizens Bancorp's directors and officers will not be subject to
Form 4 or Form 5 obligations.
Sincerely,
/s/ Jean G. Salamone
Jean G. Salamone
Secretary
Enclosure
\JEAN97\SEC-FRM4.J22
<PAGE>
<TABLE>
<CAPTION>
FORM 4
1.SMITH, Alfred H., Jr. 2. CITIZENS BANCORP CIBC 6. Director
14401 Sweitzer Lane Officer
Laurel, MD 20707 Chairman of the Board
3. ###-##-#### 4. December/1996
_______________________________________________________________________________
<S> <C> <C> <C> <C> <C> <C>
1. Title 2. Trans- 3. Code 4. Amount Price 5.Amount 6.D or I 7. Nature of
of action End of owner-
Security Date Month ship
_______________________________________________________________________________
Common Stock 12/24/96 J* 35,002 A N/A 391,470 D
Common Stock 300,287 I** Smith Citizens
Ltd. Ptnr.
Common Stock 523 I Self/Custodian
Grandchild
Common Stock 12/24/96 J* 70,004 D N/A -0- A.H.S. Associates
Ltd. Partnership
Common Stock 2,831 I By Spouse
Common Stock 441 I Spouse/Joint
with Mother
</TABLE>
Explanation of Responses:
*70,004 shares registered to A.H. Smith Associates Limited Partnership were
transferred back to the individual partners (the owners of the shares):
35,002 shares to Alfred H. Smith, Jr. and 35,002 shares to Harry R. Smith.
**300,287 shares are registered to Smith Citizens Associates Limited
Partnership; and Alfred H. Smith, Jr.,
representing the Class A General Partner, has sole voting power, and 100%
ownership of the shares.
/s/ Alfred H. Smith, Jr. 1/15/97
