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VALLEY AND VENTURA COUNTY | VENTURA COUNTY ROUNDUP
/ BARBARA MURPHY

Americorp Announces Dividend of 21 Cents

July 28, 1998|BARBARA MURPHY

Americorp, the holding company for Ventura-based American Commercial Bank, announced a dividend of 21 cents a share to shareholders of record on June 25.

This represents the 59th consecutive quarterly dividend paid by Americorp.

"The bank is continuing to enjoy the benefits of a strong economy in Ventura County, and our results through June reflect year-to-year increases in loans, deposits and earnings," said Jerry Lukiewski, Americorp president and chief executive.

The bank has assets of $139 million, with three offices in Ventura and one in Camarillo. It has announced a merger with Oxnard-based Channel Islands Bank.

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