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Bank declares stock dividendThe board of directors...


Bank declares stock dividend

The board of directors of Monocacy Bancshares Inc. declared a 10-cent-a-share dividend Sept. 25, Frank W. Neubauer, president and chief executive officer, has announced. The dividend is payable Oct. 24 to shareholders of record Oct. 10.

Monocacy's primary subsidiary, Taneytown Bank and Trust Co., has six branches in Carroll County and one in Howard County, and a network of automated teller machines.

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