Bedford Bancshares, Inc. Announces Cash Dividend.Business Editors BEDFORD, Va.--(BUSINESS WIRE)--June 19, 2003 Harold K. Neal, President and CEO of Bedford Bancshares, Inc., (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : BFSB) Bedford, Virginia, the holding company of Bedford Federal Savings Bank, announced today that the Corporation's Board of Directors declared a quarterly cash dividend of $.13 per share payable July 11, 2003 to stockholders of record on June 28, 2003. Bedford Federal Savings Bank is a federally chartered stock savings bank headquartered in Bedford, Virginia. The Bank's deposits are federally insured up to the legal limit by the Savings Association Insurance Fund Savings Association Insurance Fund (SAIF) A government organization that replaced the Federal Savings and Loan Insurance Corporation as the provider of deposit insurance for thrift institutions. , as administered by the Federal Deposit Insurance Corporation Federal Deposit Insurance Corporation (FDIC), an independent U.S. federal executive agency designed to promote public confidence in banks and to provide insurance coverage for bank deposits up to $100,000. ("FDIC FDIC See: Federal Deposit Insurance Corporation FDIC See Federal Deposit Insurance Corporation (FDIC). "). The corporation's common stock is traded on the Nasdaq National Market under the symbol "BFSB". |
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