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VALLEY AND VENTURA COUNTY | VENTURA COUNTY ROUNDUP
/ BARBARA MURPHY

Americorp's Dividend Streak Keeps Rolling

November 03, 1998|BARBARA MURPHY

The board of directors of American Commercial Bank and its holding company, Americorp, approved a dividend of 21 cents per share to all shareholders of record on Sept. 24.

This represents the 60th consecutive cash dividend paid by Ventura-based Americorp.

"As the bank experiences continued year-to-year growth in assets and earnings, we are excited to continue our long-standing dividend policy and we look forward to further growth as a result of our upcoming merger with Channel Islands Bank," said Jerry Lukiewski, bank president and CEO.

The bank has assets of more than $141 million, with three offices in Ventura and one in Camarillo.

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