2008 Fourth Quarter Dividend
2008 Fourth Quarter Dividend
Ithaca, Michigan, November 20, 2008
Jeffrey S. Barker, President and CEO of Commercial Bank and its holding company, Commercial National Financial Corporation, announced that on November 19, 2008, the Board of Directors declared a cash dividend of 13 cents per share to be paid on January 2, 2009, to shareholders of record as of December 12, 2008. This fourth quarter dividend represents a yield of 7.6% based on recent stock trades.
Commercial Bank with assets of $343,000,000 operates full service banking offices in Alma, Greenville, Ithaca, Middleton, Mt. Pleasant, Pompeii, and St. Louis.
Contact:
Dan Raleigh
Vice President
989-875-5504
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