Surrey Bancorp announces special cash dividend of $0.27 per common share


MOUNT AIRY — The Board of Directors of Surrey Bancorp has declared a special cash dividend of 27 cents per share on the company’s common stock. The cash dividend is payable on Jan. 12, 2016, to shareholders of record as of the close of business on Dec. 28, 2015.

Ted Ashby, president of Surrey Bancorp, stated the dividend was based on the company’s current operating results, its strong financial condition and a commitment to delivering shareholder value.

Surrey Bancorp is the bank holding company for Surrey Bank & Trust (the “Bank”) and is located at 145 N. Renfro St., Mount Airy. The bank operates full service branch offices at 145 N. Renfro St., 1280 W. Pine St. and 2050 Rockford St. in Mount Airy. Full-service branch offices are also located at 653 S. Key St. in Pilot Mountain; 393 CC Camp Road in Elkin; and 940 Woodland Drive in Stuart, Virginia. The bank has opened a Loan Production Office at 717 Main St., in North Wilkesboro.

Surrey Bank & Trust is engaged in the sale of insurance and provides full-service brokerage and investment services through its wholly owned subsidiary Surrey Investment Services, Inc. The insurance division, dba SB&T Insurance, is located at 199 North Renfro Street in Mount Airy. The brokerage division which operates through an association with LPL Financial, is located at 145 N. Renfro St. in Mount Airy. The bank also has a subsidiary sales finance company, Freedom Finance, LLC, located at 165 N. Renfro St. in Mount Airy.

Surrey Bank & Trust can be found online at www.surreybank.com.

Elkin Tribune
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