Press Releases

Monroe Bancorp Announces Cash Dividend

 

BLOOMINGTON, Ind., June 1, 2010 (GLOBE NEWSWIRE) -- Monroe Bancorp (Nasdaq:MROE) announced that its Board of Directors recently declared a quarterly dividend of $0.01 per share on the Company's Common Stock. The dividend is payable on Wednesday, June 30, 2010 to shareholders of record as of Wednesday, June 16, 2010. This dividend is unchanged from the $0.01 per share paid in the first quarter of 2010.

Monroe Bancorp, headquartered in Bloomington, Indiana, is an Indiana bank holding company with Monroe Bank as its wholly owned subsidiary. Monroe Bank was established in Bloomington in 1892 and offers a full range of financial, trust and investment services through its locations in Central and South Central Indiana. The Company's common stock is traded on the NASDAQ Global Stock Market under the symbol MROE.

The Monroe Bancorp logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=4316

CONTACT: Monroe Bancorp
         Mark D. Bradford, President/CEO
           812-331-3455
           Bradford@monroebank.com
         Media Contact:
         Ashley Fisher, VP/Marketing Director
           812-353-7705 
           FisherA@monroebank.com

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