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Coddle Creek Financial Corp. Announces Dividend.


Business Editors

MOORESVILLE, N.C.--(BUSINESS WIRE)--Jan. 31, 2002

The Board of Directors of Coddle Creek Coddle Creek is a stream/river that rises near Mooresville in Iredell County, North Carolina. It flows through most of northwestern Cabarrus County, North Carolina where it empties into Rocky River near Harrisburg, North Carolina.  Financial Corp. (OTC OTC

See: Over-the-counter.


OTC

See over-the-counter market (OTC).
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) at their January 23, 2002 meeting, declared a quarterly dividend $0.25 per share of outstanding common stock to be paid to shareholders of record on February 12, 2002.

The dividend will be paid on February 26, 2002.

Coddle Creek Financial, the holding company of Mooresville Savings Bank savings bank, financial institution that, until recently, performed only the following functions: receiving savings deposits of individuals, investing them, and providing a modest return to its depositors in the form of interest.  also announced a loss of $0.68 per share for the year ending December 31, 2001. The loss was a result of expenses associated with the non-taxable return of capital dividend paid to shareholders on January 24, 2001.
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Publication:Business Wire
Date:Jan 31, 2002
Words:108
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