City Bank Announces Special Cash Dividend and Regular Quarterly Dividend
12 Dezember 2007 - 11:22PM
Business Wire
On December 12, 2007 - The Board of Directors of City Bank
(NASDAQ:CTBK) declared a special cash dividend of $1.00 per share
payable to shareholders of record as of December 21, 2007, and
payable on January 11, 2008. In addition to the special cash
dividend, City Bank�s Board of Directors declared a regular
quarterly cash dividend of $.15 per share also payable to
shareholders of record as of December 21, 2007, and payable on
January 11, 2008. This cash dividend, the 95th paid in the Bank�s
33-year history, is the 77th consecutive quarterly dividend. City
Bank is a state-chartered commercial bank founded in 1974 and
headquartered in Lynnwood, Washington. Eight banking offices and
two mortgage loan production offices serve Snohomish, North King
and Pierce counties. City Bank provides a wide range of banking
services for business and individuals, including loans for
residential construction, land development, mortgage, commercial,
Small Business Administration, consumer, and all types of deposits
as well as other general banking services. City Bank has been
consistently recognized as one of the top performing banks in
Washington State as well as nationally.
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