ATHENS, Tenn., July 7, 2010 (GLOBE NEWSWIRE) -- Athens Bancshares Corporation (Nasdaq:AFCB) today announced that its Board of Directors has declared a quarterly cash dividend of $0.05 per outstanding share of common stock. The dividend will be paid on or about August 18, 2010 to stockholders of record as of the close of business on July 28, 2010. This is the first cash dividend since the Company completed its initial stock offering on January 6, 2010 in connection with the conversion of Athens Federal community Bank from mutual to stock ownership.
Athens Bancshares Corporation is the parent holding company of Athens Federal Community Bank, a federally-chartered, FDIC-insured savings bank organized in 1934. The Bank is headquartered in Athens, Tennessee and provides financial services to individuals, families and businesses through its seven offices located in southeast Tennessee.