November 27, 2009 (FinancialWire) — Wawel Savings Bank (OTCBB: WAWL) has declared a cash dividend. The special dividend of $.125 per share is the ninth consecutive dividend paid by the bank.

The cash dividend will be payable to stockholders of record as of December 9, 2009 and will be paid on December 18, 2009. The bank has 2,144,701 shares of common stock issued and outstanding of which, 1,304,153 shares are owned by Wawel Financial Services, MHC. Wawel Financial Services, MHC does not engage in any business activity other than holding the Bank’s common stock.

Wallington, New Jersey-based Wawel Savings Bank is a community oriented banking institution that operates a full service main office in and branch office in Garfield, New Jersey.

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