EXTON, PA – First Resource Bank (OTCQX: FRSB) announced that the Board of Directors has declared a special cash dividend of four cents ($0.04) per share to shareholders of record as of May 8, 2015. The payment date for the dividend will be May 22, 2015.
President & CEO, Glenn B. Marshall stated, “The Board of Directors consistently manages the Bank’s capital needs to provide support for our steady balance sheet growth while also providing a return on investment for our shareholders. This the second special cash dividend in the Bank’s history which coincides with the opening of our second branch earlier this month in West Chester. We feel that combining growth with a current return to our shareholders is a responsible balance to meet all of our stakeholder’s needs.”