2009 Second Quarter Dividend
Jeffrey S. Barker, President and CEO of Commercial Bank and its holding company, Commercial National Financial Corporation, announced that on May 20, 2009, the corporation’s Board of Directors declared a cash dividend of 13 cents per share. The dividend will be paid on July 1, 2009 to shareholders of record as of June 12, 2009. This dividend represents an annualized yield of 7.4% based upon the recently reported $7.00 per share stock price.
Commercial Bank operates full service banking offices in Alma, Greenville, Ithaca, Middleton, Mt. Pleasant, Pompeii, and St. Louis.
Contact:
Daniel E. Raleigh
Vice President
989-875-5504
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