Business Services Industry
Summit Bancshares, Inc. Announces Semi-Annual Dividend
Business Wire, April 29, 1997
OAKLAND, Calif.--(BUSINESS WIRE)--April 29, 1997--The Board of Directors of Summit Bancshares, Inc., at a meeting held on April 24, 1997, declared a cash dividend of $0.75 per share on the outstanding common stock of the company, payable on June 6, 1997, to shareholders of record as of the close of business on May 12, 1997.
This dividend resulted from the continued high performance and profitability of Summit Bank, its wholly owned subsidiary.
Summit Bank has branches in Oakland, Emeryville, and Walnut Creek, serving the professional and small business communities of the East Bay.
CONTACT: Summit Bancshares, Inc.
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Shirley W. Nelson, 510/839-8800
COPYRIGHT 1997 Business Wire
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