Traditions Bancorp Announces Second Quarter Cash Dividend

Rhea-AI Summary

On July 21, 2022, Traditions Bancorp (OTC Pink: TRBK) declared a quarterly cash dividend of eight cents per common share. This dividend will be paid on August 15, 2022 to shareholders of record by the close of business on August 5, 2022. As of March 31, 2022, Traditions Bank held assets totaling $748 million and operates several branches in south-central Pennsylvania, providing a range of financial services. The bank has consistently received recognition from Bauer Financial.

Positive

• Quarterly cash dividend of eight cents per share announced.
• Dividend reflects consistent shareholder returns and company stability.
• Assets of $748 million indicate strong financial position.

Negative

• None.

YORK, Pa., July 21, 2022 /PRNewswire/ -- On July 21, 2022, the Board of Directors of Traditions Bancorp (OTC Pink: TRBK), parent company of Traditions Bank, declared a quarterly cash dividend of eight cents per common share. The dividend will be paid on August 15, 2022 to shareholders of record at the close of business on August 5, 2022.

Formed in 2002 with administrative headquarters in York, Pennsylvania, Traditions Bank operates seven full-service branch offices located in York, Hanover, and Lancaster, as well as a loan production office in Lemoyne, Cumberland County. With assets of $748 million as of March 31, 2022 and 170 associates, Traditions Bank provides depository and borrowing services to businesses and individuals located in south-central Pennsylvania. The Bank is a leading provider of residential mortgages and has been a Bauer Financial recommended financial institution for more than a decade.

To learn more about Traditions Bancorp, visit www.traditionsbancorp.com.

 

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SOURCE Traditions Bancorp, Inc.

FAQ

What is the dividend amount declared by Traditions Bancorp?

Traditions Bancorp declared a quarterly cash dividend of eight cents per common share.

When will Traditions Bancorp pay the dividend?

The dividend will be paid on August 15, 2022.

What is the record date for the dividend payment?

The record date for the dividend payment is August 5, 2022.

What are the total assets of Traditions Bank as of March 31, 2022?

Traditions Bank has total assets of $748 million as of March 31, 2022.