EXHIBIT 99
PRESS RELEASE
P R E S S R E L E A S E
RELEASE DATE: CONTACT:
------------- --------
September 20, 2000 Frank D. Martz
Group Senior Vice President
of Operations and Secretary
(724) 758-5584
ESB FINANCIAL CORPORATION ANNOUNCES CASH DIVIDEND
-------------------------------------------------
ESB Financial Corporation announced today that its Board of Directors at
its meeting on September 19, 2000 declared a quarterly cash dividend of $.10 on
the Common Stock of ESB Financial Corporation payable on October 25, 2000 to
the stockholders of record at the close of business on September 29, 2000.
In announcing the scheduled cash dividend, Charlotte A. Zuschlag, President
and Chief Executive Officer, noted the Company's favorable results of operations
for the three months ended June 30, 2000. The Company recognized net income for
the three month period ended June 30, 2000 of $1.6 million or $.28 per diluted
share. This announcement reflects the Company's policy of declaring a regular
quarterly cash dividend. This quarterly cash dividend equates to an annual cash
dividend of $.40 per share.
ESB Financial Corporation is the parent Holding Company of ESB Bank, F.S.B.
and offers a wide variety of financial products and services through sixteen
offices in the contiguous counties of Allegheny, Lawrence, Beaver and Butler in
Pennsylvania. The common stock of the Company is traded on the Nasdaq Stock
Market under the symbol "ESBF".
-End-
