EX-99.1 2 dex991.htm PRESS RELEASE Press Release

Exhibit 99.1

Beverly National Corporation Press Release

 

FOR IMMEDIATE RELEASE            Contact:   

Michael O. Gilles

978-720-1226

BEVERLY NATIONAL CORPORATION

ANNOUNCES PAYMENT OF REGULAR DIVIDEND

OF $0.20 PER SHARE ON ITS COMMON STOCK

(Beverly, MA) April 10, 2008—Don Fournier, President and Chief Executive Officer of Beverly National Corporation (the “Company”) and its subsidiary Beverly National Bank (the “Bank”), today announced that on April 29, 2008 the Company will pay its regular quarterly dividend on its common stock of $0.20 per share to holders of record on April 22, 2008. This dividend was declared by the Board on April 8, 2008.

Beverly National Bank, a subsidiary of Beverly National Corporation, is headquartered in Beverly, MA, and operates full-service branch offices in Downtown Beverly, Cummings Center – Beverly, North Beverly, Danvers, Hamilton, Manchester-by-the-Sea, Salem and Topsfield. The Bank offers a full array of consumer products and services including full electronic banking, financial planning, trust and investment services and business specialties. Incorporated in 1802, Beverly National Bank is the oldest community bank in the United States. The Bank’s deposits are insured by the FDIC in accordance with the Federal Deposit Insurance Act.