CNB Financial Corp. Increases Dividend.CANAJOHARIE, N.Y.--(BUSINESS WIRE)--Aug. 16, 1999-- 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 13.3 percent increase in their third quarter dividend. The company's Board of Directors declared an $.085 dividend, payable on September 10, 1999 to shareholders of record as of August 31, 1999. The higher quarterly dividend represents a one-cent per share increase from the same period in 1998. On Monday, August 9, Central National Bank, Canajoharie (CNB), the banking subsidiary of CNB Financial Corp., opened two new full service branch offices. An in-store branch opened for business in the Price Chopper Price Chopper may refer to:
In April of this year, Central National Bank entered into an agreement with Astoria Federal Savings and Loan Association Federal Savings and Loan Association An institution chartered by the federal government whose primary function is to collect savings deposits and to provide mortgage loans. to purchase five of their retail banking offices located in Oneonta, Norwich and Cooperstown. Under the terms of the agreement, CNB will acquire all of the deposit liabilities in addition to the banking offices. The closing for this transaction is expected to take place later this month. The Oneonta offices will form the Southern boundary of CNB's market area. CNB Financial Corp. is the holding company for Central National Bank, Canajoharie and Central Asset Management, Inc. CNB, established in 1855, operates 22 full-service branch offices and two financial service centers throughout Herkimer, Montgomery, Schoharie, Fulton, Otsego, Saratoga, 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 $34,012,522.46, 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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