Embassy Bancorp : Announces Annual Cash Dividend - Form 8-K
June 16, 2022 at 10:03 pm
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Embassy Bancorp, Inc. Announces Annual Cash Dividend
BETHLEHEM, Pa. -June 16, 2022 - Embassy Bancorp, Inc. (OTCQX: EMYB) announced today that its Board of Directors has declared an annual cash dividend of $0.35 per share, payable on July 15, 2022, to shareholders of record on June 30, 2022.This represents an increase over last year's dividend and our 13th consecutive year of paying a dividend.
"I am very excited to announce our annual cash dividend," said David M. Lobach, Jr., Chairman, President and Chief Executive Officer. "Our bank's accomplishments since our opening in 2001 continue to gain recognition by industry experts. In May 2022, American Banker Magazine identified Embassy Bancorp, Inc. as 80thon its list of top 200 publicly traded community banks and thrifts based on three-year average return-on-equity (ROE).We believe our continued tremendous focus on the customer and our community, coupled with a dedicated group of bankers and stakeholders, has allowed us to attain this level of performance."
About Embassy Bancorp, Inc.
With over $1.6 billion in assets, Embassy Bancorp, Inc. is the parent company of Embassy Bank for the Lehigh Valley, a full-service community bank operating ten branch offices in the Lehigh Valley area of Pennsylvania.For more information about Embassy Bancorp, Inc. and Embassy Bank, please visit www.embassybank.com.
Safe Harbor for Forward-Looking Statements
This document may contain forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results and trends could differ materially from those set forth in such statements due to various risks, uncertainties and other factors. Such risks, uncertainties and other factors that could cause actual results and experience to differ from those projected include, but are not limited to, the following: ineffectiveness of the company's business strategy due to changes in current or future market conditions; the effects of competition, and of changes in laws and regulations, including industry consolidation and development of competing financial products and services; interest rate movements; changes in credit quality; difficulties in integrating distinct business operations, including information technology difficulties; volatilities in the securities markets; and deteriorating economic conditions, and other risks and uncertainties, including those detailed in Embassy Bancorp, Inc.'s filings with the Securities and Exchange Commission (SEC). The statements are valid only as of the date hereof and Embassy Bancorp, Inc. disclaims any obligation to update this information.
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Embassy Bancorp Inc. published this content on 16 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 June 2022 21:02:05 UTC.
Embassy Bancorp, Inc. is a bank holding company. The Company's operating subsidiary is Embassy Bank for The Lehigh Valley (the Bank). The Company acts as an independent community financial services provider and offers banking and related financial services to individual, business, and government customers. The Company offers an array of commercial and retail financial services, including the taking of time, savings, and demand deposits; the making of commercial, consumer, residential mortgage, and home equity loans; and the providing of other financial services. The Company offers its retail customer base a product line of consumer loan services, including mortgage loans, first time home buyer mortgages, secured home equity loans, lines of credit, auto loans, and, to a much lesser extent, unsecured personal loans. It offers a range of specialty home equity and mortgage products. Its other services include mobile banking, commercial credit cards, safe deposit boxes, among others.
EMBASSY BANCORP, INC. 
