ROCKAWAY, N.J., April 25, 2018 (GLOBE NEWSWIRE) -- Sussex Bancorp (Nasdaq:SBBX), the holding company for SB One Bank (formerly Sussex Bank), today announced that its Board of Directors declared a quarterly cash dividend of $0.075 per common share, which is payable on May 23, 2018 to common shareholders of record as of the close of business on May 9, 2018. In addition, today at the Company’s Annual Meeting, the shareholders approved the Company’s name change to SB One Bancorp.
About Sussex Bancorp
Sussex Bancorp (Nasdaq:SBBX) is the holding company for SB One Bank which is headquartered in Sussex County, New Jersey and operates regionally with fourteen branch locations throughout Bergen, Sussex and Warren counties in New Jersey and in Astoria, New York. In addition to its branch locations, Sussex Bancorp offers a loan production office in Oradell, New Jersey and a full-service insurance agency, the Tri-State Insurance Agency, Inc., with locations in Augusta and Oradell, New Jersey.
In 2017, Sussex Bancorp was recognized as one of the top 29 banks and thrifts nationwide and one of three from New Jersey that comprise the Sandler O’Neill Sm-All Stars Class of 2017. Sussex Bancorp is one of the 50 Fastest Growing Companies in New Jersey as ranked by NJBIZ Magazine. Sussex Bancorp President and Chief Executive Officer, Anthony Labozzetta, was named one of America’s Business Leaders in Banking by Forbes magazine and American Banker’s Community Banker of the Year in 2016.
For more details on SB One Bank, please visit: www.sussexbank.com or www.SBOne.bank