53 E State St Albion, PA 16401 Phone: (814) 756-4138
19 Public Square PO Box 1300 Andover, OH 44003 Phone: (440) 293-7605
1630 West 19th Street Ashtabula, OH 44004 Phone: (440) 964-8999
1853 Route 45 PO Box 273 Austinburg, OH 44010 Phone: (440) 275-3333
339 State Street Conneaut, OH 44030 Phone: (440) 593-6595
600 East Main Street PO Box 1300 Andover, OH 44003 Phone: (440) 293-7256
212 Plum St Edinboro, PA 16412 Phone: (814) 734-1655
665 South Broadway Geneva, OH 44041 Phone: (440) 466-3040
150 North Chestnut Street Jefferson, OH 44047 Phone: (440) 576-2265
6611 North Ridge Road Madison, OH 44057 Phone: (440) 417-0200
2420 Zimmerly Rd Erie, PA 16506 Phone: (814) 833-4550
3924 Clock Pointe Trail, Ste. 101 Stow, OH 44224 Phone: (844) 259-5473
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Wednesday, January 10, 2024/Categories: Andover Bancorp Press Releases, Bank News
Andover, Ohio - Stephen E. Varckette, President of Andover Bancorp, Inc., the holding company of Andover Bank, announced that on January 2, 2024, the company paid a dividend of $0.375 per share for the second half of 2023. This dividend, added to the first half dividend of $0.375 per share, reflects a total dividend declared for 2023 of $0.75 per share, for an increase of 0.67% over the $0.745 dividend declared in 2022. In making the announcement, Varckette added "We are proud of our operating performance over the past year and are pleased to announce this dividend as it represents our 41st year of paying a record dividend to our shareholders. Our history of paying dividends demonstrates the long-term financial strength and stability of Andover Bank.”