Citizens Community Bank Declares First Annual Cash Dividend
SOUTH HILL, Va., Dec. 4, 2014 /PRNewswire/ -- Citizens Community Bank (OTCQB: CZYB) today announced that the Board of Directors of Citizens Community Bank declared an annual cash dividend of $.05 per share to common shareholders of record on December 15, 2014 and payable on January 12, 2015. James R. Black, President and Chief Executive Officer, commented, "We are proud to celebrate our fifteen year anniversary milestone by declaring the bank's first annual cash dividend. Our shareholders continue to be extremely supportive and are well-deserving of this dividend. We look forward to further enhancing shareholder value, as we are consistently gaining positive momentum on various fronts."
Citizens Community Bank is a Virginia state chartered bank headquartered in South Hill, Virginia. Opened in December 1999, it operates five branches, three in south central Virginia and two in northern North Carolina, as well as a loan production office in Raleigh, North Carolina. For more information and additional financial data, please visit www.ccbsite.com.
This press release contains "forward-looking statements" that concern future events which are subject to risks and uncertainties. Any such statements are based on certain assumptions and analyses by the Bank and other factors it believes are appropriate in the circumstances and at the time at which such statements are made. The Bank's actual results, events and developments may differ materially from those contemplated by any forward-looking statement. The Bank has no responsibility to update such forward-looking statements.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/citizens-community-bank-declares-first-annual-cash-dividend-300004881.html
SOURCE Citizens Community Bank
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