VERNON, N.J. -- (Business Wire)
The Board of Directors of Highlands Bancorp, Inc. (OTCQB:HSBK) parent
company of Highlands State Bank, announced that it has declared a cash
dividend of $0.01 per common share. The dividend is payable on June 1,
2014 to common shareholders of record on May 15, 2014.
Highlands Bancorp, Inc. is the parent company of Highlands State Bank.
The Bank provides full service commercial banking products through four
offices in Sussex and Passaic Counties in Northern New Jersey. Service
is also provided through a range of electronic and mobile products
including remote deposit capture, internet banking, bill payment and
cash management, mobile banking applications and advanced ATM’s.
Forward-Looking Statements
This news release contains certain forward-looking statements, either
expressed or implied, which are provided to assist the reader in
understanding anticipated future financial performance. These statements
involve certain risks, uncertainties, estimates and assumptions made by
management, which are subject to factors beyond the company’s control
and could impede its ability to achieve these goals. These factors
include general economic conditions, trends in interest rates, the
ability of our borrowers to repay their loans, and results of regulatory
exams, among other factors.
Contacts:
Highlands Bancorp, Inc.
George E. Irwin, 973-764-3200
Source: Highlands Bancorp, Inc.
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