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Category Archives: Bank News

Jun
19

Bruce Cady Writes as Guest in The County Press

Dodd-Frank well-intentioned but strangled community banks Editor’s note: The U.S. House of Representatives on Thursday passed the Financial Choice Act which is designed to rollback a number of constraints placed on financial institutions by tough Dodd-Frank Act rules enacted by Congress following the 2008 financial crisis. Critics of the new Act say banks need more… Read more »

Mar
15

Lakestone Bank & Trust (OTC: CBNC) Declares Dividend

The Board of Directors of County Bank Corp (OTC: CBNC), the holding company of Lakestone Bank & Trust, is pleased to report a first quarter cash dividend of $0.29 per share. The dividend is payable March 31, 2017, to shareholders of record on March 17, 2017. “The 2017 profit plan has been finalized and earnings… Read more »

Dec
29

County Bank Corp (OTC: CBNC) Declares Dividend

The Board of Directors of County Bank Corp is pleased to announce the approval of a cash dividend of $.28 per share and a special dividend of $.30 per share payable on December 30, 2016 to shareholders of record on December 16, 2016. Th e dividends total $1,014,220.48 and marks the 15th consecutive quarter the… Read more »

Sep
16

Capac Bancorp, Inc. Merges into County Bank Corp

LAPEER, MI. – On September 12, 2016, County Bank Corp (OBTC: CBNC) became a two bank holding company for Lapeer County Bank & Trust Co. and CSB Bank. Lapeer County Bank & Trust Co. (LCBT) and CSB Bank (CSB) will continue to operate separately through December 2, 2016. At that time, an account conversion will… Read more »