Exhibit 99











Release Date:                                        Further Information:

IMMEDIATE RELEASE                                    David J. Bursic
January 25, 2005                                     President and CEO
                                                              -or-
                                                     Pamela M. Tracy
                                                     Investor Relations
                                                     Phone: 412/364-1913



              WVS FINANCIAL CORP. ANNOUNCES QUARTERLY CASH DIVIDEND


     WVS  Financial  Corp.  (NASDAQ:  WVFC)  announced  today  that its Board of
Directors  at their  meeting on January 25, 2005  declared a regular  $0.16 cash
dividend on the common stock of the Company, payable on February 17, 2005 to the
stockholders of record at the close of business on February 7, 2005.

     WVS Financial Corp. owns 100% of the outstanding  common stock of West View
Savings Bank. The Savings Bank is a Pennsylvania-chartered, FDIC insured savings
bank which conducts business from six offices located in the North Hills suburbs
of Pittsburgh, Pennsylvania.


                                      # # #









                                  Page 4 of 4