SOURCE: Northway Financial, Inc.

Northway Financial, Inc.

February 13, 2009 16:12 ET

Northway Financial, Inc. Announces Fourth Quarter Dividend

BERLIN, NH--(Marketwire - February 13, 2009) - The Board of Directors of Northway Financial, Inc. (the "Company") (OTCBB: NWYF) has declared a 1.5% stock dividend, payable on March 4, 2009, to shareholders of record on February 18, 2009.

The cost basis of this dividend will be calculated using the average closing price of the Company's stock for the last ten days on which there were trades immediately preceding the record date.

Northway Financial, Inc. and its subsidiary bank, Northway Bank (the "Bank"), are headquartered in Berlin, New Hampshire. The Bank, an FDIC insured State chartered bank, operates from 18 banking centers located throughout the central and northern regions of New Hampshire.

Contact Information

  • Contact:
    Richard P. Orsillo
    Senior Vice President and Chief Financial Officer