Exhibit 99






Release Date:                                             Further Information:

IMMEDIATE RELEASE                                         David J. Bursic
April 24, 2007                                            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 April 24,  2007  declared  a regular  $0.16 cash
dividend  on the common  stock of the  Company,  payable on May 24,  2007 to the
stockholders of record at the close of business on May 14, 2007.

      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.


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