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Advantage Bank Declares First Cash Dividend.


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 OTC

See: Over-the-counter.


OTC

See over-the-counter market (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 (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  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 (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products.  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 FDIC

See: Federal Deposit Insurance Corporation


FDIC

See Federal Deposit Insurance Corporation (FDIC).
 and STAR and is an equal housing lender The terms Equal Housing Lender and Equal Opportunity Lender are synonymous and refer to all FDIC insured banks in the United States. Such banks are prohibited from discriminating on the basis of race, color, religion, national origin, sex, handicap, or familial status. . For further information, call 800-959-0068 or visit the bank's Internet site at www.advantagebanknj.com.
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Publication:Business Wire
Date:Jan 25, 2005
Words:184
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