MORRISTOWN, Tenn., Aug. 29, 2008 (GLOBE NEWSWIRE) -- Anderson L. Smith, President and Chief Executive Officer of Jefferson Bancshares, Inc. (Nasdaq:JFBI), announced today that the Company's Board of Directors has declared a cash dividend of $0.06 cents per share of common stock. The dividend will be payable to stockholders of record as of September 30, 2008 and will be paid on October 10, 2008.
Jefferson Bancshares, Inc. is the holding company for Jefferson Federal Bank, a federally-chartered stock thrift institution headquartered in Morristown, Tennessee. Jefferson Federal is a community oriented financial institution offering traditional financial services with offices in Hamblen and Knox County. The Company's stock is listed on the NASDAQ Global Market under the symbol "JFBI." More information about Jefferson Bancshares and Jefferson Federal Bank can be found at its website: www.jeffersonfederal.com.
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