Greene County Bancorp MHC gets Fed nonobjection to waive dividends up to $0.64/share

GREENE COUNTY BANCORP INC

MHC (54.1% owner) received nonobjection from Fed Reserve Bank of Philadelphia to waive dividends.
Waiver covers up to $0.64 per share for four quarters ending March 31, June 30, Sept 30, Dec 31, 2026.
MHC intends to waive dividends paid on company common stock, subject to cash flow needs.
Waiver allows MHC to forgo its share, potentially increasing dividends available to minority shareholders.

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