Cortland Bancorp Declares Quarterly Cash Dividend
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CORTLAND, Ohio, May 01, 2020 (GLOBE NEWSWIRE) -- Cortland Bancorp (NASDAQ: CLDB), the holding company for Cortland Savings and Banking Company, today announced that its Board of Directors approved a quarterly cash dividend of
“Amid the current challenging environment, we are pleased to be able to pay the quarterly cash dividend, providing an attractive return to our shareholders,” said James Gasior, President and Chief Executive Officer. At the recent stock price of
About Cortland Bancorp
Cortland Bancorp is a financial holding company headquartered in Cortland, Ohio. Founded in 1892, the Company’s bank subsidiary, The Cortland Savings and Banking Company conducts business through fourteen full-service community banking offices located in the counties of Trumbull, Mahoning, Portage, Summit, Ashtabula, and Cuyahoga in the Northeast Ohio area and a financial service center in Fairlawn, Ohio. For additional information about Cortland Bank visit http://www.cortlandbank.com.
CONTACT:
James M. Gasior, President & CEO
(330) 282-4111