GlobeNewswire Inc | Jul 9, 2021 10:00AM EDT

July 09, 2021

GLEN BURNIE, Md., July 09, 2021 (GLOBE NEWSWIRE) -- Glen Burnie Bancorp (NASDAQ: GLBZ), parent company of The Bank of Glen Burnie, announced that its Board of Directors declared a regular dividend of ten cents ($0.10) per share of common stock at their meeting on July 8, 2021. This action marks the companys 116th consecutive dividend.

The regular dividend is payable on July 30, 2021 to shareholders of record at the close of business on July 19, 2021.

Glen Burnie Bancorp, parent company to The Bank of Glen Burnie, currently maintains consolidated assets totaling $432.8 million at June 30, 2021. Founded in 1949, The Bank of Glen Burnie is a community bank with eight branch offices serving Anne Arundel County, MD (www.thebankofglenburnie.com).

Certain informationcontained inthisnews release, which doesnotrelate tohistorical financial information, may be deemed toconstituteforward-lookingstatements within themeaning ofthePrivateSecurities Litigation ReformAct of1995.Suchstatementsare subjecttocertainrisksanduncertainties,which couldcausethe companys actual results in thefutureto differmateriallyfrom itshistorical results and those presentlyanticipatedorprojected. Foramorecomplete discussion of these and other risk factors, please see the companys reports filedwith theSecurities and Exchange Commission.

Contact: Jeffrey D Harris, SVP & Chief Financial OfficerEmail: JDHarris@bogb.netPhone: 410-768-8883