Absecon Bancorp Declares Third-Quarter Cash Dividend of $0.75 Per Share
Rhea-AI Summary
Absecon Bancorp (OTC: ASCN), the holding company of First National Bank of Absecon, has declared a quarterly cash dividend of $0.75 per share. The dividend is payable on September 30, 2024, to shareholders of record as of September 17, 2024. First National Bank of Absecon, established in 1916, is a community bank serving Atlantic County, New Jersey, and portions of surrounding counties. The bank focuses on providing deposit and loan products to retail customers and small to mid-sized businesses. Deposits are insured by the FDIC up to the legal maximum amount. Dividend distributions are processed by Computershare Trust Company, N.A.
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- Declared quarterly cash dividend of $0.75 per share
- Long-standing community presence since 1916
- Deposits insured by FDIC up to legal maximum
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- None.
ABSECON, N.J., Sept. 09, 2024 (GLOBE NEWSWIRE) -- Absecon Bancorp (the “Company”) (OTC, trading as ASCN), the bank holding company of First National Bank of Absecon, an Atlantic County New Jersey based community bank, announced today that its Board of Directors declared a regular quarterly cash dividend in the amount of
The First National Bank of Absecon, a nationally chartered bank headquartered in Absecon, New Jersey, has a long history of serving the community since its establishment in 1916. The company is a community bank focused on providing deposit and loan products to retail customers and to small and mid-sized businesses from its primary market area in Atlantic County, New Jersey, and secondary markets consisting of portions of Burlington, Cape May, Cumberland, Gloucester, and Ocean Counties. Deposits at The First National Bank of Absecon are insured up to the legal maximum amount by the Federal Deposit Insurance Corporation (FDIC).
Dividend distributions are processed by Computershare Trust Company, N.A. (“Agent”).
| Contact: | C. Eric Gaupp, Vice Chairman President, and Chief Executive Officer |
| 106 New Jersey Avenue | |
| PO Box 324 | |
| Absecon, NJ 08201 | |
| Office: 609-641-6300 | |
| email: egaupp@FNBAbsecon.com |
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