EXHIBIT 4.3

                          Form of Authorization Form






TO:         AMERICAN STOCK TRANSFER & TRUST COMPANY

       AUTHORIZATION FOR AUTOMATIC DIVIDEND REINVESTMENT FOR SHAREHOLDERS
       OF VIRGINIA BEACH FEDERAL FINANCIAL CORPORATION

  |_| I hereby authorize Virginia Beach Federal Financial  Corporation to pay to
American  Stock  Transfer & Trust  Company,  as my agent for my account all cash
dividends due me on shares of Virginia Beach Federal  Financial  Corporation for
which I am the holder of record,  as set forth on the reverse side of this card.
I want to  reinvest  dividends  on all  shares  registered  in my  name  for the
purchase  of full or  fractional  shares of  Virginia  Beach  Federal  Financial
Corporation  Common Stock in  accordance  with the terms of the  Virginia  Beach
Federal Financial Corporation Dividend Reinvestment Plan ("Plan").

  |_| I  further  authorize  the  investment  of  $______  for the  purchase  of
additional shares of Virginia Beach Federal Financial  Corporation  Common Stock
as of the next  Investment  Date  (minimum of $25.00,  maximum of $2,000.00  per
quarter),  in accordance with the Plan.  Please make checks payable to: American
Stock  Transfer & Trust  Company.  Please do not transmit  funds earlier than 30
days before the next dividend payment date.

       I understand  that the  purchases of Common Stock will be made subject to
  the  terms  and  conditions  of  the  Plan,  and  that  I may  terminate  this
  authorization  at any  time  by  notifying  American  Stock  Transfer  & Trust
  Company.

       This   authorization   form,   when   signed,   should  be  mailed  to:
  American   Stock   Transfer   &   Trust   Company,    Attention:    Dividend
  Reinvestment   Department,   40  Wall   Street,   46th   Floor,   New  York,
  New   York   10005.   An   addressed   envelope   is   provided   for   that
  purpose.

NOTE:  THIS IS NOT A PROXY                        
               ---                                ------------------------------
                                                           Shareholder

      Please sign exactly as name(s) appears
on this card.  If shares are held jointly, each   ------------------------------
shareholder must sign.                                     Shareholder

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