Charter One Increases Quarterly Cash Dividend 11% to $.20 Per Share

Apr 18, 2001, 01:00 ET from Charter One Financial, Inc.

    CLEVELAND, April 18 /PRNewswire/ -- The Board of Directors of Charter One
 Financial, Inc. (NYSE:   CF), the holding company of Charter One Bank, F.S.B.,
 today declared a regular quarterly cash dividend of $.20 per share, up 11%
 from $.18 last quarter.  The cash dividend is payable May 21, 2001 to
 shareholders of record on May 7, 2001.  This is the Company's twenty-third
 dividend increase since Charter One became a public company in 1988.
     Charter One has approximately $33 billion in total assets, making it one
 of the 30 largest bank holding companies in the country.  The Bank has
 approximately 420 branch locations in Ohio, Michigan, New York, Illinois,
 Massachusetts, and Vermont.  The branch locations operate under the Charter
 One name in all areas except Michigan, where the Bank is known as First
 Federal of Michigan.  The Company's diverse product set includes: consumer
 banking, indirect auto finance, commercial leasing, business lending,
 commercial real estate lending, mortgage banking, and retail investment
 products.  For additional information, including press releases and investor
 presentations, investors are directed to Charter One's web site:
 www.charterone.com .
 
 

SOURCE Charter One Financial, Inc.
    CLEVELAND, April 18 /PRNewswire/ -- The Board of Directors of Charter One
 Financial, Inc. (NYSE:   CF), the holding company of Charter One Bank, F.S.B.,
 today declared a regular quarterly cash dividend of $.20 per share, up 11%
 from $.18 last quarter.  The cash dividend is payable May 21, 2001 to
 shareholders of record on May 7, 2001.  This is the Company's twenty-third
 dividend increase since Charter One became a public company in 1988.
     Charter One has approximately $33 billion in total assets, making it one
 of the 30 largest bank holding companies in the country.  The Bank has
 approximately 420 branch locations in Ohio, Michigan, New York, Illinois,
 Massachusetts, and Vermont.  The branch locations operate under the Charter
 One name in all areas except Michigan, where the Bank is known as First
 Federal of Michigan.  The Company's diverse product set includes: consumer
 banking, indirect auto finance, commercial leasing, business lending,
 commercial real estate lending, mortgage banking, and retail investment
 products.  For additional information, including press releases and investor
 presentations, investors are directed to Charter One's web site:
 www.charterone.com .
 
 SOURCE  Charter One Financial, Inc.

RELATED LINKS

http://www.charterone.com