York Traditions Bank Declares 10th Anniversary Dividend

YORK, Pa., Dec. 20, 2012 /PRNewswire/ -- Today, the Board of Directors of York Traditions Bank declared a cash dividend of $0.10 per common share, payable on January 18, 2013, to shareholders of record at the close of business on January 11, 2013.  This dividend is a special 10^th Anniversary payout to reflect the organization's appreciation for their shareholders' loyalty, and is the first in the Bank's history.

York Traditions Bank was founded in 2002 with 13 associates and one branch at 235 St. Charles Way, York Township. The Bank now employs 77 associates and has a total of four York County retail branches, plus full service Business and Residential Mortgage divisions. Plans are underway for Traditions Center – their central administrative center at 226 Pauline Drive – to be opened in mid-2013.

Throughout the years, York Traditions Bank has sustained strong financial performance, and 2012 is on track to be its best year since inception.  As of November 30, 2012, assets stood at $286 million, deposits topped $250 million, and loans were approximately $200 million.

To learn more about York Traditions Bank, visit www.yorktraditionsbank.com.

For inquiries regarding acquiring shares of York Traditions Bank common stock, please contact John Blecher, CFO, at 717-747-2601 or email [email protected].

SOURCE York Traditions Bank