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March 18, 2004
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  March 18, 2004

COOPERATIVE BANKSHARES, INC. DECLARES FIRST QUARTER DIVIDEND

Wilmington, NC-Cooperative Bankshares, Inc. announced that on March 17, 2004, the Board of Directors declared a first quarter dividend of $0.05 per share, payable on the 16th day of April, 2004, to stockholders of record as of April 1, 2004.

Cooperative Bankshares, Inc. (NASDAQ: “COOP”) is the parent company of Cooperative Bank. Chartered in 1898, Cooperative Bank provides a full range of financial services through 21 offices in Eastern North Carolina.

 

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