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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Tuesday, January 10, 2023/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 3, 2023, the company paid a dividend of $0.375 per share for the second half of 2022. This dividend, added to the first half dividend of $0.37, reflects a total dividend declared in 2022 of $0.745 per share, for an increase of 0.68% over the $0.74 dividend declared in 2021. In making the announcement, Varckette added "This is the 40th consecutive year of not only paying a dividend but increasing that dividend from the prior year. We are proud to be able to continue our strong history of dividends, as it demonstrates the long-term financial strength of Andover Bank."