City Bank Announces Cash Dividend
February 13 2008 - 6:21PM
Business Wire
On February 13, 2008, the Board of Directors of City Bank
(NASDAQ:CTBK) declared a $.15 per share cash dividend, payable to
shareholders of record as of March 7, 2008, and payable on March
21, 2008. This cash dividend is the 96th paid, including regular
and special dividends, in the Bank�s 34-year history and the Bank�s
78th consecutive quarterly dividend. City Bank is a state-chartered
commercial bank founded in 1974 and headquartered in Lynnwood,
Washington. Eight banking offices and two mortgage loan production
offices serve Snohomish, North King and Pierce counties. City Bank
provides a wide range of banking services for business and
individuals, including loans for residential construction, land
development, mortgage, commercial, Small Business Administration,
consumer, and all types of deposits as well as other general
banking services. City Bank has been consistently recognized as one
of the top performing banks in Washington State as well as
nationally.
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