News Releases

• March 27, 2008, Free Community Shred Day at Imlay City Office
• April 28, 2008, Certified Tellers Honored
• June, 2008 Quarterly Cash Dividend

March 27, 2008, Free Community Shred Day at Imlay City Office

NEWS RELEASE

On Saturday, April 19, between 9:00 a.m. and Noon, rain or shine, Lapeer County Bank & Trust Co. and iSHRED on-site document destruction will hold Community Shred Day at the Imlay City Office.  The public is welcome to bring up to 10 boxes (15” x 10.25” x 24”) of receipts, invoices, cancelled checks and other documents they wish to have shredded, to the parking lot of the Imlay City Office located at 1875 S. Cedar (M-53) in Imlay City.

This project takes place during Community Banking Month and highlights the Bank’s ongoing efforts to provide resources to the community for the prevention of Identity Theft and fraud.  Identity Theft is a devastating crime that takes years to recover from.  Protect your personal information.  Shred documents such as old credit cards, utility bills and pre-approved credit offers.  In addition check your credit report for unauthorized activity.  Each consumer can access their credit report from the three bureaus, Experian, Equifax and TransUnion each year for FREE.  The link for this service is available at LCBT.com, Links, Free Annual Credit Report.

iSHRED, an Attica based, on-site document destruction company uses the latest technology in mobile document destruction.  Their sophisticated shredders can handle paper clips, staples, binder clips and binders.  They do ask that compact discs NOT be included in the materials to be shred so that the shredded paper can be recycled.   For more information about iSHRED visit their web site at ishredit.com.

Any additional questions can be directed to Lapeer County Bank & Trust Co. at 664-2977, ext. 337.
 

April 28, 2008, Certified Tellers Honored

NEWS RELEASE

Lapeer County Bank & Trust Co. announces their most recent Certified Tellers.  Stephanie Barrigar and Pat Russell of the Main Office along with Nancy Green of the Metamora Office have reached the level of Certified Teller. They now qualify to work toward the Executive Teller level.  Under the Bank’s Certified & Executive Teller Program, tellers must meet stringent criteria at levels within the program. The program is designed to provide recognition for outstanding performance and achievement, while improving knowledge, increasing the quality of customer service and providing a career path for the professional teller. 

June 2008, Quarterly Cash Dividend

The Board of Directors of County Bank Corp, the holding company of Lapeer County Bank & Trust Co., declared a quarterly cash dividend of  $.30  per share during its regularly scheduled meeting on May 20, 2008.  The dividend is payable on June 27, 2008 to shareholders of record on June 13, 2008.

Bruce Cady, President and CEO, is pleased to announce that this dividend is the 171st  consecutive cash dividend paid to shareholders.  “Despite  the challenging southeastern Michigan economy negatively affecting our financial performance, our strong capital position and modest year-to-date earnings have enabled us to continue our dividend policy.” 

Through the end of March 2008, total assets were $261,648,000 compared $269,529,000 in March 2007.  Earnings equaled $0.31 per share and shareholders’ equity totaled $30,782,000.