South Street Financial Corp. Announces Declaration of Cash Dividend

Business Wire, Sept 23, 1999

ALBEMARLE, N.C.--(BUSINESS WIRE)--Sept. 23, 1999--

South Street Financial Corp., the parent holding company for Home Savings Bank of Albemarle, Inc., SSB, Albemarle, North Carolina, announced today that its board of directors declared a quarterly cash dividend of $0.10 per share for the quarter ending September 30, 1999.

The dividend will be payable on October 13, 1999 to stockholders of record at the close of business on September 29, 1999.

South Street Financial Corp. stock is traded on the Nasdaq National Market under the symbol of "SSFC".