Golden Valley Bank Declares Cash Dividend for the Third Quarter of 2018, Payable on October 23, 2018; Announces Earnings Results for the Third Quarter and Year to Date of 2018
October 11, 2018 at 02:17 am IST
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The Board of Directors of Golden Valley Bank declared a cash dividend for the third quarter 2018 of $0.05 per common share for stockholders of record as of October 9, 2018. The payment date for the dividend will be October 23, 2018.
The company announced earnings results for the third quarter and year to date of 2018. For the quarter, the company reported net profit of $631,493 compared to $567,571 a year ago.
Year to date, the company reported net profit of $1,776,227 compared to $1,401,469 a year ago.
Golden Valley Bank (the Bank) provides products and services to customers who are predominately small to middle-market businesses, professionals, and not-for-profit organizations located in Butte, Shasta, and surrounding counties. The Bank offers checking and savings, certificates of deposit (CDs) and individual retirement accounts (IRAs), debit cards, and an education center. Its business solutions include ACH & Wire, eDeposit, Positive Pay, and Merchant Services. The Bankâs account services include online banking, mobile banking, bill pay and CardValet and Zelle. The Bankâs business lending services include commercial loans, SBA loans and credit cards. The Bankâs personal lending services include home loans and credit cards.
Golden Valley Bank Declares Cash Dividend for the Third Quarter of 2018, Payable on October 23, 2018; Announces Earnings Results for the Third Quarter and Year to Date of 2018