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Chemical Financial Corporation Declares Third Quarter Cash Dividend

    MIDLAND, Mich., July 16 /PRNewswire/ -- Alan W. Ott, Chairman of Chemical
Financial Corporation (Nasdaq: CHFC), announced that today, July 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, September 21, 2001, to
shareholders of record on September 7, 2001.  The ex-dividend date is
September 5, 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 122 "Chemical Bank" offices and 2 loan
production offices spread over 32 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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    CONTACT:
    Aloysius J. Oliver, President and CEO of
    Chemical Financial Corporation, +1-989-839-5352