FOR IMMEDIATE RELEASE - August 22, 2023
Contact:
Jenna Kesecker, CPA
Executive Vice President and Chief Financial Officer
304-876-9016
JSB Financial Inc. Announces Semi-Annual Dividend
Shepherdstown, West Virginia, August 22, 2023
JSB Financial Inc. (OTCPK: JFWV), the holding company of Jefferson Security Bank, announced that its Board of Directors declared a semi-annual dividend at its August 16, 2023, meeting in the amount of $1.15 per share. This is the first semi-annual dividend declared following the formation of JSB Financial Inc. on July 31, 2023. The cash dividend is payable on September 15, 2023, to shareholders of record on August 31, 2023.
About JSB Financial Inc.
JSB Financial Inc. (OTCPK: JFWV) is the holding company for Jefferson Security Bank, an independent community bank operating six banking offices located in Berkeley County and Jefferson County, West Virginia and Washington County, Maryland. Founded in 1869, Jefferson Security Bank serves individuals, businesses, municipalities and community organizations through a comprehensive suite of banking services delivered by an exceptional team who put customers first. Jefferson Security Bank has received industry recognition as a Top 200 Community Bank by American Banker magazine four years in a row. Operating for over 154 years, Jefferson Security Bank is the oldest, independent, locally owned and managed bank in West Virginia. Visit www.JSB.bank for more information.
This press release may contain forward-looking statements, as defined by federal securities laws, which may involve significant risks and uncertainties. The statements are based on estimates and assumptions made by management in conjunction with other factors deemed appropriate under the circumstances. Actual results could differ materially from current projections.
Offices:
105 East Washington Street, Shepherdstown, WV (304-876-9000)
7994 Martinsburg Pike, Shepherdstown, WV (304-876-2800)
873 East Washington Street, Suite 100, Charles Town, WV (304-725-9752)
277 Mineral Drive, Suite 1, Inwood, WV (304-229-6000)
1861 Edwin Miller Boulevard, Martinsburg, WV (304-264-0900)
103 West Main Street, Sharpsburg, MD (301-432-3900)