GOUVERNEUR, N.Y., Aug. 22,
2012 /PRNewswire/ -- Charles C. Van Vleet, President and Chief
Executive Officer of Gouverneur Bancorp, Inc. (OTCBB: GOVB) (the
"Company") and its subsidiary, Gouverneur Savings and Loan
Association (the "Bank"), announced today that the Company's board
of directors has declared a semi-annual dividend payment of
$0.17 per share for all stockholders
of record as of the close of business on September 15, 2012. This dividend will be
paid on September 30, 2012.
Mr. Van Vleet commented, "We are
proud to announce our 26th consecutive semi-annual
dividend paid by Gouverneur Bancorp, Inc. over the past 13
years. Gouverneur Savings and Loan Association continues to
be strong and well-capitalized."
Founded in 1892, the Bank is a federally chartered savings and
loan association offering a variety of banking products and
services to individuals and businesses in its primary market area
of St. Lawrence County and the
Alexandria Bay area located in
Jefferson County.
Note: This press release may contain certain statements, which
are not historical facts or which concern the Bank's future
operations or economic performance and which are considered
forward-looking statements. Any such forward-looking
statements are made pursuant to the safe harbor provisions of the
Private Securities Litigation Reform Act of 1995. The Bank cautions
that all forward-looking statements involve risks and
uncertainties, and that actual results may differ materially from
those indicated in the forward-looking statements as a result of
various factors, such as changing economic and competitive
conditions and other risks and uncertainties. In addition,
statements in this news release regarding historical stock price
performance are not indicative of or guarantees of future price
performance.
SOURCE Gouverneur Bancorp, Inc.