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8-K - 8-K - Oneida Financial Corp.form8k-128494_onfc.htm

Exhibit 99.1

News Release

Release Date: Wednesday, March 27, 2013
   
Release Time: Immediately
   
Contact: Eric E. Stickels, Executive Vice President & CFO
   
Phone: (315) 366-3702
   

 

Oneida Financial Corp. Announces Quarterly Dividend

 

Oneida, NY, March 27, 2013 – Michael R. Kallet, President and Chief Executive Officer of Oneida Financial Corp. (the “Company”) (Nasdaq:ONFC), today announced that the Company has declared a quarterly cash dividend of twelve cents ($0.12) per share of the Company’s common stock. The dividend is payable to stockholders of record as of April 9, 2013 and will be paid on April 23, 2013.

Oneida Financial Corp. reported total assets at December 31, 2012 of $681.4 million and stockholders’ equity of $93.0 million. The Company’s wholly owned subsidiaries include The Oneida Savings Bank, a New York State chartered FDIC insured stock savings bank; State Bank of Chittenango, a state chartered limited-purpose commercial bank; Bailey, Haskell & LaLonde Agency, an insurance and financial services company; Benefit Consulting Group, an employee benefits consulting and retirement plan administration firm; and Workplace Health Solutions, a risk management company specializing in workplace injury claims management. Oneida Savings Bank was established in 1866 and operates eleven full-service banking offices in Madison and Oneida counties.