Channel Islands Bank Pays 7th Cash Dividend
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The board of directors for Channel Islands Bank has declared a cash dividend of 10 cents per share to shareholders of record as of June 18.
The cash dividend, the bank’s seventh, was paid last week.
“We have been fortunate to have the support of our shareholders along with the support of the communities we serve,” said Joseph L. Priske, board chairman.
The bank, with corporate offices in Oxnard, has two branches in Oxnard and one in Camarillo. Last week it announced a merger with American Commercial Bank, based in Ventura.
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