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Cooperative Bankshares INC, Announces
First Quarter Dividend
For immediate release:
Wilmington, N.C., February 21, 2008--Cooperative Bankshares, Inc. (NASDAQ:
“COOP”), announced that on February 20, 2008 the Board of Directors declared
the 2008 first quarter dividend of $0.05 per share. The dividend is payable
on or about April 16, 2008 to stockholders of record as of April 1, 2008.
Cooperative Bankshares, Inc. is the parent company of Cooperative Bank.
Chartered in 1898, Cooperative Bank provides a full range of financial
services through 23 offices in Eastern North Carolina and one office in
Jefferson, South Carolina. Cooperative Bank’s subsidiary, Lumina Mortgage,
Inc., is a mortgage banking firm, originating and selling residential
mortgage loans through three offices in North Carolina.
For Additional Information
Frederick Willetts, III, President/ CEO
Todd L. Sammons, CPA, Senior Vice President/ CFO
Linda B. Hopkins, Vice President/ Secretary
910-343-0181
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