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Chemical Financial Corporation Declares Second Quarter Cash Dividend

    MIDLAND, Mich., April 16 /PRNewswire/ -- Alan W. Ott, Chairman of Chemical
Financial Corporation (Nasdaq: CHFC), announced that today, April 16, 2001,
the board of directors of the Company declared a quarterly cash dividend of
$0.24 per share of common stock payable on Friday, June 15, 2001, to
shareholders of record on June 1, 2001.  The ex-dividend date is May 30, 2001.
    Chemical Financial Corporation is a financial services holding company
with $3.1 billion in assets headquartered in Midland, MI.  The Corporation's
four subsidiary banks operate 118 "Chemical Bank" offices and 2 loan
production offices spread over 30 counties in the lower peninsula of Michigan.
CFC Data Corp, Midland, is a wholly owned data processing subsidiary of
Chemical Financial Corporation.
    Chemical Financial Corporation common stock trades on the Nasdaq Stock
Market under the symbol "CHFC".


SOURCE Chemical Financial Corporation




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  • http://chemicalbankmi.com
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    800-758-5804, ext. 157448
    CONTACT:
    Aloysius J. Oliver, President & CEO of
    Chemical Financial Corporation, 989-839-5352