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Press release content from Business Wire. The AP news staff was not involved in its creation.
PRESS RELEASE: Paid content from Business Wire
Press release content from Business Wire. The AP news staff was not involved in its creation.

People’s Bank Declares 5% Stock Dividend

July 21, 2021 GMT

MEDFORD, Ore.--(BUSINESS WIRE)--Jul 21, 2021--

The Board of Directors of People’s Bank of Commerce (OTC PINK: PBCO) announced today a five percent (5%) stock dividend payable to all shareholders of record August 25, 2021, payable on or about September 22, 2021. Ken Trautman, CEO, stated “the Board of Directors is pleased to provide this dividend to our shareholders in appreciation of their support and in recognition of the strong financial results the bank has seen for the second quarter and year-to- date.” No fractional shares will be issued, and cash will be paid in lieu of fractional shares.

View source version on businesswire.com:https://www.businesswire.com/news/home/20210721005975/en/

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CONTACT: Ken Trautman, CEO

(541) 774-7654,ken@peoplesbank.bank

KEYWORD: UNITED STATES NORTH AMERICA OREGON

INDUSTRY KEYWORD: BANKING PROFESSIONAL SERVICES FINANCE

SOURCE: People’s Bank of Commerce

Copyright Business Wire 2021.

PUB: 07/21/2021 06:46 PM/DISC: 07/21/2021 06:47 PM

http://www.businesswire.com/news/home/20210721005975/en