CHARLOTTE, N.C., May 7 /PRNewswire-FirstCall/ -- American Community Bancshares, Inc. is pleased to announce the Board of Directors has declared a quarterly cash dividend for the second quarter 2007 of $0.05 per share. The dividend will be payable on June 1st, 2007 to shareholders of record on May 24th, 2007.
American Community Bancshares, Inc. headquartered in Charlotte, North Carolina is the holding company for American Community Bank. American Community Bank is a full service community bank, headquartered in Monroe, North Carolina with nine North Carolina offices located in two of the fastest growing counties in North Carolina, Mecklenburg and Union. It also has four offices located in York and Cherokee Counties in South Carolina. American Community Bank provides a wide assortment of traditional banking and financial services offered with a high level of personal attention. The website for American Community Bancshares, Inc. is http://www.americancommunitybank.com/. Its stock is traded on the NASDAQ Global Market under the symbol "ACBA." For more information contact: Stephanie Helms, Shareholder Relations or Dan Ellis, CFO at (704) 225- 8444.
