Exhibit 99






Release Date:                                            Further Information:

IMMEDIATE RELEASE                                        David J. Bursic
April 29, 2008                                           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 29,  2008  declared  a regular  $0.16 cash
dividend  on the common  stock of the  Company,  payable on May 22,  2008 to the
stockholders of record at the close of business on May 12, 2008.

         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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