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December 20th, 2011 - Citizens Bancorp Announces Cash Dividend

On December 20th, 2011 the Board of Directors of Citizens Bancorp declared a cash dividend to be paid to all shareholders of record on January 5, 2012. The company declared a cash dividend equal to $.35 per share of common stock, and $.37 per share to holders of preferred stock. This dividend will be paid on or before January 13, 2012.

Bill Humphreys Sr., President/CEO of Citizens Bancorp and Citizens Bank stated, “We are pleased to continue our tradition of paying cash dividends, particularly during this period of economic recession. We are hopeful that the payment of a cash dividend will give some degree of financial assistance to our shareholders, who have been extraordinarily loyal and supportive. The bank continues to be safe, sound and profitable, and one of the few banks in the Northwest to pay a meaningful dividend in 2011”.

To purchase stock or receive additional dividend information, contact Lisa Ladouceur, Administrative Assistant, Citizens Bancorp, 541-766-2261.

 
   
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