Greene County Bancorp, Inc. Announces Cash Dividend.CATSKILL, N.Y. -- Greene County Greene County is the name of fourteen counties in the United States of America, each named in honor of American Revolutionary War general Nathanael Greene:
The dividend will be paid to shareholders of record as of August 15, 2006, payable as of September 1, 2006. The Company is the majority-owned subsidiary majority-owned subsidiary A firm in which more than 50% of outstanding voting stock is owned by the parent company. of Greene County Bancorp, MHC MHC major histocompatibility complex. MHC abbr. major histocompatibility complex MHC major histocompatibility complex. , a federal mutual holding company, which owns 53.5 percent of the Company's issued shares. Greene County Bancorp, MHC will waive receipt of dividends paid on it shares of the Company. Greene County Bancorp, Inc. is the direct and indirect holding company, respectively, for The Bank of Greene County, a New York-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. , and Greene County Commercial Bank, a New York-chartered commercial bank, both headquartered in Catskill, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of . The Banks serve Greene and Columbia Counties, and southern Albany County, New York For the county in Wyoming, see Albany County, Wyoming Albany County is a county located in the U.S. state of New York, generally located in the vicinity of Albany, New York, the capital of New York State. Albany is also the county seat of Albany County. from seven full-service branch offices in Catskill, Cairo, Coxsackie, Greenville, Hudson, Tannersville and Westerlo. The Bank of Greene County also has branch offices under construction on Catskill's west side, and on Route 9 in the Town of Greenport in Columbia County. The Company was organized in December, 1998 in connection with the mutual holding company reorganization and stock offering of The Bank of Greene County. |
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