ROANOKE TIMES

                         Roanoke Times
                 Copyright (c) 1995, Landmark Communications, Inc.

DATE: FRIDAY, May 11, 1990                   TAG: 9005110236
SECTION: BUSINESS                    PAGE: C-1   EDITION: METRO 
SOURCE: 
DATELINE:                                 LENGTH: Short


BRIEFLY

Central Fidelity Banks Inc. has approved a $100 million lending plan for affordable housing in Virginia. The Richmond-based company also said Wednesday it plans to donate $100,000 to state education programs this year and will increase the donations yearly, to $1 million by 2000.

Standard & Poor Corp. has lowered its rating on debt at Crestar Financial Corp. from A to A- and Central Fidelity Banks Inc. from A-1 to A-2, as a result, it said, of Virginia's weakening real estate market.



 by CNB