Business Services Industry

Advantage Bank Declares First Cash Dividend

Business Wire, Jan 25, 2005

BRANCHBURG, N.J. -- Headline of release should read: Advantage Bank Declares First Cash Dividend (sted Advantage Bank Declares Stock Dividend).

The corrected release reads:

ADVANTAGE BANK DECLARES FIRST CASH DIVIDEND

The Board of Directors of Advantage Bank (OTC BB: ADBK) has declared a stock dividend of 5 percent and a $0.05 cash dividend, payable on February 28, 2005 to shareholders of record as of February 14, 2005.

"This marks our sixth consecutive stock dividend," said Peter G. Schoberl, President and CEO of the community bank, "and the Bank continues to make significant strides in asset growth and income growth." Schoberl also said, "Our Board has declared these dividends as evidence of their continuing commitment and gratitude to our shareholders."

Advantage Bank is celebrating their 6th year of operation and offers a wide range of professional services to individuals and small businesses, including free-for-life personal checking accounts, internet banking and other full-service banking products. The bank is a member of FDIC and STAR and is an equal housing lender. For further information, call 800-959-0068 or visit the bank's Internet site at www.advantagebanknj.com.

COPYRIGHT 2005 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning
 

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