Somerset Trust Holding Company Declares 1st Quarter Dividend

Published on February 22, 2022

CONTACT: Allison Hoffman
Vice President, Marketing & Customer Experience


Somerset Trust Holding Company Declares 1st Quarter Dividend

SOMERSET, PA (February 22, 2022) ‐ The Board of Directors of Somerset Trust Holding Company (OTC Pink: SOME), the holding company of Somerset Trust Company, at its meeting held on February 17, 2022, declared a quarterly dividend in the amount of $0.39 per share of Common Stock. This dividend is payable on March 18, 2022, to the shareholders of record as of the close of business on March 10, 2022.

About Somerset Trust Holding Company

Somerset Trust Holding Company, the parent entity of Somerset Trust Company, is headquartered in Somerset, Pennsylvania. As a community bank, Somerset Trust Company represents a network of over 40 branches throughout Somerset, Cambria, Fayette, Westmoreland, and Bedford Counties in Pennsylvania, and Garrett and Allegany Counties in Maryland, as well as a loan production office in northern Virginia. The bank has been independent and locally managed since its establishment in 1889, and is one of the last independently owned banks in the region. Today, Somerset Trust Company maintains over $1.8 billion in assets and employs over 475 employees. In addition to consumer and commercial lending and deposit products, the bank offers Trust and Investment Management, an extensive ATM network including fee free use at over 55,000 ATMs, and award winning online and mobile banking for consumers and businesses. Somerset Trust is committed to providing excellent service and competitive products, as well as maintaining a high profile in the growth and economic development of the markets it serves.