Absecon Bancorp's Cash Dividend Announcement
Absecon Bancorp, trading under the ticker ASCN, has made an exciting announcement for its shareholders. The Bank Holding Company has declared a cash dividend of $0.90 per share. This dividend is set to be paid on December 30 to shareholders who are on record by December 17.
Understanding Absecon Bancorp
Absecon Bancorp is the parent company of the First National Bank of Absecon, a reputable community bank located in Atlantic County. With roots dating back to its establishment in 1916, the bank has built a strong legacy of service and reliability in the community.
A Focused Approach to Banking
The First National Bank of Absecon prides itself on its community focus, providing essential deposit and loan products tailored to meet the needs of retail customers as well as small to mid-sized businesses. This unwavering dedication to customer service has been instrumental in creating lasting relationships within its primary market area and beyond.
Community Support Through Banking
As part of its commitment to community involvement, the bank operates not only in Atlantic County but also extends its services to other regions including Burlington, Cape May, Cumberland, Gloucester, and Ocean Counties. The First National Bank’s deposits are insured by the Federal Deposit Insurance Corporation (FDIC) up to the legal maximum, providing peace of mind to its customers.
Dividend Distribution Process
For shareholders keen on the dividend, it will be processed through Computershare Trust Company, N.A., who acts as the distribution agent for Absecon Bancorp's dividends. This streamlined process ensures that shareholders receive their dividends efficiently and on time.
Contact Information
For further inquiries, shareholders can reach out to C. Eric Gaupp, Vice Chairman, President, and Chief Executive Officer of Absecon Bancorp. He is available at the company’s headquarters in Absecon, New Jersey, where he leads initiatives focused on growth and community service.
Getting in Touch
Contact details for inquiries are as follows:
Address: 106 New Jersey Avenue, PO Box 324, Absecon, NJ 08201
Office Phone: 609-641-6300
Email: egaupp@FNBAbsecon.com
Frequently Asked Questions
What is the declared cash dividend amount by Absecon Bancorp?
Absecon Bancorp has declared a cash dividend of $0.90 per share.
When is the dividend payment date?
The dividend will be paid on December 30 to shareholders of record as of December 17.
What is the history of the First National Bank of Absecon?
The First National Bank of Absecon has served the community since its establishment in 1916, providing reliable banking services.
How are customer deposits insured?
Deposits at the First National Bank of Absecon are insured by the FDIC, ensuring security for accountholders.
Who can I contact for more information?
For any inquiries, contact C. Eric Gaupp at 609-641-6300 or via email at egaupp@FNBAbsecon.com.
