Commercial Federal Corporation Announces Regular Quarterly Cash Dividend.Business Editors OMAHA Omaha, city, United States Omaha (ō`məhä, –hô), city (1990 pop. 335,795), seat of Douglas co., E Nebr., on the west bank of the Missouri River; inc. 1857. , Neb.--(BUSINESS WIRE)--Feb. 27, 2003 Commercial Federal Corporation (NYSE NYSE See: New York Stock Exchange :CFB CFB Canadian Forces Base ) announced today that its Board of Directors approved the payment of a regular quarterly cash dividend to shareholders for the quarter ending March 31, 2003. The dividend, in the amount of $.09 per share, will be paid on April 10, 2003, to shareholders of record as of March 27, 2003. Commercial Federal maintains a Dividend Reinvestment Plan Dividend Reinvestment Plan (DRP) Plan which provides for automatic reinvestment of shareholder dividends in more shares of a company's stock, often without commissions. Some plans provide for the purchase of additional shares at a discount to market price. that offers shareholders a convenient and inexpensive way to increase their investment in Commercial Federal Corporation. For information about the Plan, contact Shareowner Services at (800) 468-9716. Commercial Federal Corporation is the parent company of Commercial Federal Bank, a $13.1 billion federal savings bank Noun 1. federal savings bank - a federally chartered savings bank FSB savings bank - a thrift institution in the northeastern United States; since deregulation in the 1980s they offer services competitive with many commercial banks that operates branches located in Nebraska, Iowa, Colorado, Kansas, Oklahoma, Missouri and Arizona. Commercial Federal provides consumer and commercial banking services including mortgage origination and servicing, commercial and industrial lending, small business banking, construction lending, cash management, brokerage and insurance services, and Internet banking. |
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