Elmer Bancorp, Inc. Declares Special Cash Dividend for Shareholders
Elmer Bancorp, Inc. Announces Special Cash Dividend
Elmer Bancorp, Inc. (OTC Pink: ELMA), the parent company of The First National Bank of Elmer, has made headlines with a recent announcement regarding a special cash dividend. The Board of Directors has declared a $0.10 dividend per common share, signaling its commitment to rewarding shareholders.
Details of the Dividend Declaration
This special cash dividend will be payable on a specified date in early March. Shareholders of record will be those holding stock as of mid-February, emphasizing the bank's intention to connect with its loyal investors.
Words from Leadership
Brian W. Jones, the President and CEO, expressed his pride in announcing this special dividend. He highlighted the strong earnings the bank experienced in the previous year, showcasing the bank's stability and commitment to its stakeholders. Jones articulated that the dividend reflects gratitude to dedicated shareholders who have supported the institution's journey.
About The First National Bank of Elmer
The First National Bank of Elmer has been a cornerstone of community banking since 1903. The bank operates with a mission to provide exceptional service, focusing on both retail customers and small to mid-sized enterprises. Through its six full-service branches spread across various counties, the bank remains dedicated to supplying essential deposit and loan products.
Commitment to Community and Growth
Serving the community has always been at the forefront of the bank’s objectives. With services designed to meet local needs, The First National Bank of Elmer emphasizes its role in strengthening the economic fabric within its operational areas.
Importance of Shareholder Relationships
By declaring this special cash dividend, Elmer Bancorp, Inc. is not just distributing rewards but also solidifying its relationship with shareholders. This approach nurtures trust and investment in the bank's future, promoting a cycle of growth and success.
Looking Ahead
As Elmer Bancorp, Inc. looks towards future opportunities while reflecting on its strong earnings, the commitment to its shareholders remains evident. With reliable leadership, a solid operational structure, and community engagement, the bank is poised for continued success.
Frequently Asked Questions
What is the amount of the special cash dividend announced?
The special cash dividend announced by Elmer Bancorp, Inc. is $0.10 per common share.
When will the dividend be paid?
The dividend will be payable on a specified date in early March, with shareholders of record as of mid-February.
Who is the CEO of Elmer Bancorp, Inc.?
Brian W. Jones is the President and CEO of Elmer Bancorp, Inc.
What is The First National Bank of Elmer known for?
The First National Bank of Elmer is known for its commitment to community banking and provides various deposit and loan products.
When was The First National Bank of Elmer established?
The First National Bank of Elmer was established in 1903, marking over a century of service to its community.
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