Lyndonville Savings Bank Announces Transfer to
OTC Bulletin Board
LYNDONVILLE, VT-- Lyndonville Savings Bank
has announced that, effective January 4, 2005, the Bank's common stock will
trade on the OTC Bulletin Board. Previously, the common stock was quoted
on the "Pink Sheets". The Lyndonville Savings Bank common stock will
continue to trade under the symbol "LYSB". The new trading venue is
expected to provide more visibility for the bank's stock. Lyndonville
currently has about 255 stockholders with 1,055,126 shares outstanding.
The stock has recently traded in the $16.50 to $17.50 range and is
currently paying a dividend at the rate of $0.56 annually.
The Lyndonville Savings Bank is a $154 million state-chartered
commercial bank headquartered in Lyndonville, VT with 6 full
service offices throughout northern Vermont.