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Center Bancorp, Inc. Declares Quarterly Cash Dividend of $.15 Per Share.


Business Editors

UNION, N.J.--(BUSINESS WIRE)--Sept. 7, 2000

Center Bancorp, (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
:CNBC CNBC Center for the Neural Basis of Cognition (artificial intelligence)
CNBC Consumer News and Business Channel
CNBC Congress of National Black Churches, Inc.
), parent company to Union Center National Bank, Union, New Jersey, announced that the board of Directors declared a cash dividend of $.15 per share for the quarter ended September 30, 2000.

The dividend is payable November 1, 2000, to holders of record on October 18, 2000.

Center Bancorp, Inc. is the holding company for Union Center National Bank. The Bank offers a broad range of lending, depository, trust and related financial services to commercial, industrial and governmental customers. Center Bancorp, Inc., through its wholly owned subsidiary Wholly Owned Subsidiary

A subsidiary whose parent company owns 100% of its common stock.

Notes:
In other words, the parent company owns the company outright and there are no minority owners.
 Union Center National Bank, operates thirteen banking locations. Banking centers are located in the Township of Union (6 locations), and one each in Millburn/Vauxhall, Springfield, Berkeley Heights, Madison, Morristown and Summit, New Jersey. The Bank also operates two remote ATM sites, one at the main campus of Union County College Union County College is an accredited, co-educational, two-year, public, community college located in Union County, New Jersey. As the oldest community college in New Jersey, Union County College has been serving both career-minded and transfer-oriented students since 1933. , Cranford, New Jersey Cranford is a township in Union County, New Jersey, United States. As of the United States 2000 Census, the township population was 22,578. Cranford Township folds from the banks of the meandering Rahway pond and has been dubbed the "Venice of New Jersey". , and the second at Union Hospital in Union, New Jersey.
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Publication:Business Wire
Geographic Code:1USA
Date:Sep 7, 2000
Words:164
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