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CNB Financial Corp. Announces 12.5% Increase in Second Quarter Dividend.


Business Editors

CANAJOHARIE, New York--(BUSINESS WIRE)--May 15, 2000

CNB CNB Czech National Bank
CNB Centro Nacional de Biotecnologia
CNB City National Bank
CNB Citizens National Bank
CNB Croatian National Bank
CNB Chloronitrobenzene
CNB Corresponsales No Bancarios (Spanish, Colombia) 
 Financial Corp. (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
: CNBF) shareholders will receive a 12.5% increase in their second quarter dividend.

The company's Board of Directors declared a $0.09 dividend, payable on June 9, 2000, to shareholders of record as of May 31, 2000. The higher quarterly dividend represents a one-cent per share increase from the same period in 1999.

CNB Financial Corp. is the holding company for Central National Bank, Canajoharie and Central Asset Management, Inc. Central National Bank, established in 1855, operates 29 full-service branch offices and two financial service centers throughout Herkimer, Montgomery, Schoharie, Fulton, Chenango, Otsego, Saratoga, Oneida and Schenectady Counties. Central Asset Management, Inc., whose assets under management Assets Under Management (AUM) is a term used by financial services companies in the mutual fund and money management or investment management business to gauge how much money they are managing.  are $87,695,000.00, was formed in 1996 to provide investment advisory services advisory services

advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal
.
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Publication:Business Wire
Date:May 15, 2000
Words:134
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