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Bank of Braintree announces third quarter dividend.


BRAINTREE, Mass.--(BUSINESS WIRE)--July 19, 1995--The Bank of Braintree (NASDAQ/NMS BTSB BTSB Blood Transfusion Services Board ) announced today that its board of directors voted yesterday to declare a quarterly dividend to shareholders of $.10 per share, payable on Aug. 15, 1995 to stockholders of record as of Aug. 1, 1995.

The Bank of Braintree is a Massachusetts chartered stock form savings bank with two offices in the town of Braintree and one office in the town of Norwell.

The Bank of Braintree is a member of the Federal Deposit Insurance Corp. (FDIC FDIC

See: Federal Deposit Insurance Corporation


FDIC

See Federal Deposit Insurance Corporation (FDIC).
) and the Depositors Insurance Fund The Depositors Insurance Fund was created by the state government of Massachusetts in response to the large number of Massachusetts bank failures during the Great Depression. The Federal Deposit Insurance Corporation was inspired by this fund.  (DIF (1) (Data Interchange Format) A standard file format for spreadsheet and other data structured in row and column form. Originally developed for VisiCalc, DIF is now under Lotus' jurisdiction. ). The bank is chartered as The Braintree Savings Bank and also does business under the name The Bank of Braintree.

CONTACT: The Bank of Braintree

Brian T. Manning, 617/843-9100 x336
COPYRIGHT 1995 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1995, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jul 19, 1995
Words:126
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BRIEFLY.

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