EXHIBIT 99
CIB MARINE ANNOUNCES
ONE HUNDRED AND FIFTY-FOR-ONE STOCK SPLIT
Pewaukee, WI, June 19, 2000 CIB Marine Bancshares, Inc. today announced
that its Board of Directors has approved a one hundred and fifty-for-one
split of the Company s outstanding shares of common stock.
The stock split will be effected in the form of a stock dividend and will
entitle each shareholder of record at the close of business on July 1,
2000, to receive 149 shares of common stock for every share of common stock
held. The stock dividends resulting from the stock split are expected to
be distributed by the transfer agent on July 24, 2000.
CIB Marine Bancshares, Inc. is a regional Midwestern multi-bank holding
company which had $2.0 billion in total assets at March 31, 2000. CIB
Marine currently owns and operates five separately chartered banking
organizations: Central Illinois Bank with eighteen banking facilities
located throughout central Illinois; CIB Bank Chicago with 13 banking
facilities located in the Chicago metropolitan area; Marine Bank
Milwaukee with five banking facilities located in the Milwaukee
metropolitan area; CIB Bank Indiana with four banking facilities located
in the Indianapolis metropolitan area; and Marine Bank Omaha with one
banking facility located in Omaha, Nebraska. The Company also owns and
operates the following non-bank subsidiaries: Marine Trust and Investment
Company, a trust company; Mortgage Services, Inc., a mortgage banking
company; and C.I.B. Data Processing Services, Inc., a data processing
company.
CONTACT: CIB Marine Bancshares, Inc.
J. Michael Straka, President and Chief Executive Officer
Steven T. Klitzing, Senior Vice President and CFO
Donald J. Straka, Senior Vice President and General Counsel
(262) 695-6010
