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Dividend Payments Resume for Macatawa Bank Shareholders

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HOLLAND TWP., MI (WHTC) - For the first time in five years, shareholders in Macatawa Bank will be receiving a cash dividend. The two pennies per share earnings of common stock announced by officials of the Holland Township-based financial institution is the first since dividends were discontinued during the bank’s financial crisis of 2008-09. They say replenished capital and consistent profits over the past three years led to resuming these payments.

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