Elmer Bancorp, Inc. Announces Cash Dividend and Annual Meeting Date

Rhea-AI Summary

Elmer Bancorp, Inc., parent company of The First National Bank of Elmer, declared a cash dividend of $0.20 per common share, payable on May 1, 2024. The Annual Meeting of Shareholders is scheduled for June 4, 2024.

ELMER, N.J.--(BUSINESS WIRE)-- ELMER BANCORP, INC. (“Elmer Bancorp” or the “Company”) (OTC Pink: ELMA), parent company of The First National Bank of Elmer (the “Bank”), announced that the Board of Directors declared a cash dividend on April 1, 2024 in the amount of $0.20 per common share, payable on May 1, 2024 to shareholders of record as of the close of business on April 15, 2024.

Brian W. Jones, President and CEO of the Company stated, “I am pleased that the Board of Directors of Elmer Bancorp, Inc. has declared a cash dividend of $0.20 per common share. As our Bank continues to grow and successfully generate revenue, we feel it is only appropriate to share that income with our loyal shareholders.”

The Company also announced today that its Annual Meeting of Shareholders will be held at The Grove at Centerton located at 1022 Almond Road, Pittsgrove, New Jersey, on Tuesday, June 4, 2024 at 11:00 a.m. Eastern Time. The record date for shareholders to vote at the Annual Meeting is April 10, 2024.

The First National Bank of Elmer, a nationally chartered bank headquartered in Elmer, New Jersey, has a long history of serving the community since its beginnings in 1903. We are a community bank focused on providing deposit and loan products to retail customers and to small and mid-sized businesses from our six full service branch offices located in Cumberland, Gloucester and Salem Counties, New Jersey, including our main office located at 10 South Main Street in Elmer, New Jersey. Deposits at The First National Bank of Elmer are insured up to the legally maximum amount by the Federal Deposit Insurance Corporation (FDIC).

View source version on businesswire.com: https://www.businesswire.com/news/home/20240401581188/en/

Cynthia L. Volk

Senior Vice President

Chief Financial Officer

1-856-358-7000

Source: Elmer Bancorp, Inc.

FAQ

When was the cash dividend declared by Elmer Bancorp, Inc.?

Elmer Bancorp, Inc. declared a cash dividend on April 1, 2024.

What is the amount of the cash dividend per common share declared by Elmer Bancorp, Inc.?

The cash dividend declared by Elmer Bancorp, Inc. is $0.20 per common share.

When is the cash dividend payable to shareholders by Elmer Bancorp, Inc.?

The cash dividend declared by Elmer Bancorp, Inc. is payable on May 1, 2024.

Where will the Annual Meeting of Shareholders of Elmer Bancorp, Inc. be held?

The Annual Meeting of Shareholders of Elmer Bancorp, Inc. will be held at The Grove at Centerton located at 1022 Almond Road, Pittsgrove, New Jersey.

What is the record date for shareholders to vote at the Annual Meeting of Elmer Bancorp, Inc.?

The record date for shareholders to vote at the Annual Meeting of Elmer Bancorp, Inc. is April 10, 2024.

Where is the main office of The First National Bank of Elmer located?

The main office of The First National Bank of Elmer is located at 10 South Main Street in Elmer, New Jersey.