EDWARDSVILLE, Ill., July 22 /PRNewswire-FirstCall/ -- Larry W. Mosby,
President and Chief Executive Officer of First Federal Financial Services,
Inc. (Nasdaq: FFFS), today announced that the Company has declared a quarterly
cash dividend of $.10 per share of the Company's common stock. The dividend
reflects an annual cash dividend rate of $.40 per share. The dividend will be
payable to stockholders of record as of August 4, 2005, and will be paid on
August l8, 2005.
The Company is the majority-owned subsidiary of First Federal Financial
Services, MHC, a federal mutual holding company, which owns 55% percent of the
Company's outstanding shares. First Federal Financial Services, MHC has filed
a regulatory notice of its intention to waive the receipt of dividends paid on
its shares of the Company. The level of the Company's dividend is based on
the anticipated waiver of receipt of dividends by First Federal Financial
Services, MHC, and could be adjusted if regulatory non-objection to such
waiver is not received.
First Federal Financial Services, Inc. is the parent corporation of First
Federal Savings & Loan Association of Edwardsville, a federally chartered
savings association headquartered in Edwardsville, Illinois. The
Association's deposits are insured by the Federal Deposit Insurance
Corporation. The association operates one full-service office in
Edwardsville, Illinois.
SOURCE First Federal Financial Services, Inc.
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Related links:
http://www.1stfedsavings.com
CONTACT:
Larry W. Mosby, President and Chief Executive
Officer of First Federal Financial Services, Inc.,
+1-618-656-6200
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