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Enterprise Federal Bancorp Inc. announces declaration of its first quarterly cash dividend.


CINCINNATI--(BUSINESS WIRE)--March 17, 1997--Enterprise Federal Bancorp Inc., 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 March 14, 1997, its board of directors declared its first 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 April 15, 1997 for shareholders of record as of the close of business March 31, 1997.

Enterprise Federal Bancorp Inc. whose common stock is traded on the 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
 National Market System under the symbol "EFBI" had $248 million in assets at Feb. 28, 1997. 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 five offices located in three counties of Southwestern Ohio.

CONTACT: Enterprise Federal Bancorp Inc.

Thomas J. Noe, 513/755-4600
COPYRIGHT 1997 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1997, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Mar 17, 1997
Words:124
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