MIDLAND PARK, N.J., April 19, 2017 (GLOBE NEWSWIRE) -- The Board of Directors of Stewardship Financial Corporation (NASDAQ:SSFN), parent company of Atlantic Stewardship Bank, has declared a $0.03 per share cash dividend.  Common stockholders of record as of May 1, 2017, will be paid the dividend on May 15, 2017.  This dividend represents the seventy-eighth consecutive quarterly dividend since 1998.  The dividend amount per share remains unchanged as compared to the prior quarterly cash dividend.  This dividend should not be used as in indicator of future dividends to common stockholders. 

Stewardship Financial Corporation's subsidiary, Atlantic Stewardship Bank (ASB) is a full-service community bank serving both individuals and businesses. ASB is known for tithing, or sharing, 10% of its taxable income with Christian and local charities.  To date, ASB's total tithing donations total over $9 million.  ASB maintains 11 banking locations in NJ, including: Hawthorne, Midland Park, Montville, North Haledon, Pequannock, Ridgewood, Waldwick, Westwood, Wyckoff and two offices in Wayne.  ASB invites you to visit their website at www.asbnow.com for additional information and to learn more.

Contact:Mary Beth Steiginga630 Godwin AvenueMidland Park, NJ 07432(201) 444-7100

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