Citizens Community Bancorp Inc. Declares Cash Dividend.Business Editors MARCO MARCO Microelectronics Advanced Research Corporation MARCO Maritime Consulting MARCO Massachusetts Association of Community Rehabilitation Organizations, Inc. (formerly MARF) ISLAND, Fla.--(BUSINESS WIRE)--Jan. 17, 2001 Richard Ri·chard , Joseph Henri Maurice Known as "Rocket." 1921-2000. Canadian hockey player. A right wing for the Montreal Canadiens (1942-1960), he led his team to eight Stanley Cup championships and was the first player to score 50 goals in a Storm, Jr., chairman & CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Citizens Community Bancorp, Inc. (Nasdaq:CCBI CCBI Cleveland Community Building Initiative CCBI Central City Business Institute (Syracuse, NY) ), announced today that the board of directors approved the payment of an annual cash dividend of five cents per share Cents per share The amount of a mutual fund's dividend or capital gains distributions that a shareholder will receive for each share owned. to shareholders of record as of Jan. 19, 2001. This cash dividend will be paid on Jan. 31, 2001. Citizens Community Bancorp Inc. is also proud to announce that Citizens Community Bank's Marco Island office exceeded $100,000,000 in deposits during the week of Jan. 12, 2001. "Citizens Community Bank continues to be a strong and vital community bank and our customers recognize our community contributions and come to us for all their personal and business needs," said Richard Storm, Jr., chairman and CEO. The affiliation with F.N.B. Corp. announced on Dec. 19, 2000 is ongoing and has been approved by the board of directors of Citizens Community Bancorp and is pending subject to regulatory reg·u·late tr.v. reg·u·lat·ed, reg·u·lat·ing, reg·u·lates 1. To control or direct according to rule, principle, or law. 2. and shareholder approval. The transaction is expected to close in the first quarter of 2001. This affiliation will enable the bank to provide customers with expanded banking products, including trust, investment, insurance and private banking, without changing the friendly service for which they are accustomed. Upon completion of the F.N.B. affiliation, Richard Storm, Jr., will continue as president & CEO of Citizens Community Bank, Marco Island, Fla. "The Community will continue to be the prime objective for this organization," said Storm. |
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