Salisbury Bancorp, Inc. Announces 2-for-1 Futures Stock

LAKEVILLE, Conn., July 01. 10, 2022 (GLOBE NEWSWIRE) — Salisbury Bancorp, Inc. (“Salisbury”), (NASDAQ Capital Market: “SAL”), the holding company of Salisbury Bank and Trust Company (the “Bank”), announced the completion of its previously announced two-for-one stock split in the form of a stock dividend payable June 30, 2022 to shareholders of record on June 1, 2022. The two-for-one stock split of Salisbury common stock results in the conversion of each (1) common share of Salisbury into two (2) common shares of Salisbury. The stock split will have no impact on voting and other shareholder rights and will have no impact on Salisbury’s business operations. Shareholders have no action to take as a result of the stock split.

About Salisbury Bancorp, Inc.

Salisbury Bancorp, Inc. is the parent company of Salisbury Bank and Trust Company, a Connecticut chartered commercial bank that has served communities in Northwestern Connecticut and neighboring communities in New York and Massachusetts, since 1848, through a network 14 full-service branches in Litchfield County, Connecticut; Berkshire County, Massachusetts; and Dutchess, Orange and Ulster Counties, New York. The Bank offers a wide range of banking products and services to individuals and businesses as well as trust and wealth management advisory services. For more information, please visit www.salisburybank.com.

Forward-looking statements
This press release may contain statements relating to the future results of Salisbury and the Bank that qualify as “forward-looking” statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on the beliefs and expectations of management as well as assumptions and estimates made by management using information currently available to it. Because these statements reflect management’s beliefs regarding future events, these statements involve risks, uncertainties and assumptions, including, but not limited to: changes in market interest rates and general and regional economic conditions ; changes in laws and regulations; changes in accounting principles; and the quality or composition of loan and investment portfolios, changes in technology and cybersecurity matters, and other factors which may be described in Salisbury’s Quarterly Reports on Form 10-Q and its Annual Report on Form 10-K, which are available at the Securities and Exchange Commission’s website (www.sec.gov) and referred to herein. Forward-looking statements made by Salisbury in this press release speak only as of the date on which they are made. Events or other facts that could cause Salisbury’s actual results to vary may occur from time to time and Salisbury cannot predict all such events and factors. Salisbury undertakes no obligation to publicly update any forward-looking statement, except as required by law.

Source: Salisbury Bancorp, Inc.

Contact in Salisbury: Richard J. Cantele, Jr., President and CEO
860-435-9801 or [email protected]

Sallie R. Loera