Enterprise Federal Bancorp Inc. Announces Declaration of its Eighth Consecutive Quarterly Cash Dividend.CINCINNATI--(BUSINESS WIRE)--Dec. 14, 1998--Enterprise Federal Bancorp Inc. (Nasdaq/NMS:EFBI), parent of Enterprise 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 , announced today that on Dec. 11, 1998 its board of directors declared its eighth consecutive quarterly cash dividend in the amount of 25 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. of common stock. This dividend will be payable Jan. 15, 1999 for shareholders of record as of the close of business Dec. 31, 1998. Enterprise Federal Bancorp Inc. whose common stock is traded on the Nasdaq National Market System under the symbol "EFBI" had $559 million in assets at Nov. 30, 1998. Its subsidiary, Enterprise Federal Savings Bank, is a federally chartered 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. operating 11 offices located in four counties of Southwestern south·west n. 1. Abbr. SW The direction or point on the mariner's compass halfway between due south and due west, or 135° west of due north. 2. An area or region lying in the southwest. 3. Ohio. |
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