Crazy Woman Creek Bancorp Announces Final CPP Redemption and Completion of Charter Conversion

BUFFALO, Wyo., Nov 19, 2014 (GLOBE NEWSWIRE via COMTEX) Crazy Woman Creek Bancorp, Inc. (OTCQB:CRZY) today announced that the Federal Reserve Bank of Kansas City approved its request to redeem the final 2100 shares of Preferred Series A and 155 shares of Series B originally issued in February 2009 to the U.S. Treasury Department ( Treasury ) under the Treasury s Capital Purchase Program ( CPP ). Crazy Woman Creek Bancorp previously redeemed 1,000 shares of Series A for $1.0 million on January 8, 2014. As with the previous partial redemption, we are again pleased to be able to redeem the remaining portion of the original CPP investment using existing balance sheet resources. This final redemption and subsequent exit from the program brings to close an important strategy for our institution and once again allows our utilization of a meaningful and sustainable dividend policy based upon profitability, said Paul Brunkhorst, President and CEO. During the last fiscal year the Company paid $
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