Solvay Bank to pay quarterly dividend of 43 cents a share at end of April

The Solvay Bank main office on Milton Avenue in the village of Solvay. PHOTO CREDIT: SOLVAY BANK

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SOLVAY — Solvay Bank Corp. (ticker: SOBS), the holding company for Solvay Bank, recently announced that its board of directors has approved a cash dividend of 43 cents per share of its common stock for the first quarter of this year. The dividend is payable on April 30, to shareholders of record at the close of business on April 5. This marks the 32nd straight year of the bank increasing the dividends it pays to shareholders, according to a Solvay Bank news release. Founded in 1917, Solvay Bank says it is the oldest community bank established in Onondaga County. Solvay Bank has nine branch offices in Solvay, Baldwinsville, Camillus, Cicero, DeWitt, Liverpool, North Syracuse, Westvale, and downtown Syracuse (State Tower Building), , and a commercial-lending presence in the Mohawk Valley. Solvay Bank Insurance Agency, Inc., a full-service general insurance agency, is also part of Solvay Bank Corp.

Journal Staff