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United Security Bancshares declares stock dividend.

Global Banking News-September 25, 2015--United Security Bancshares declares stock dividend

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Global Banking News - 25 September 2015

United Security Bancshares (NASDAQ: UBFO), has reported that its board of directors has declared a stock dividend of 1 percent on September 22, 2015.

The stock dividend will be payable to shareholders of record on October 5, 2015, and the dividend shares will be issued on October 16, 2015.

Capital preservation remains a significant focus of the bank's directors in consideration of the Basel III capital standards adopted, the company said.

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Publication:Global Banking News (GBN)
Date:Sep 25, 2015
Words:116
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