March 21, 2010 (FinancialWire) — Computer Services, Inc. (OTC: CSVI) said that its board of directors approved a two-for-one stock split effected in the form of a stock dividend.

The stock dividend is payable April 30, 2010, to shareholders of record as of the close of business on March 29, 2010. Shareholders will receive two shares for every share held.

As a result of the stock split, the total number of outstanding shares will increase to around 14.6 million shares.

Kentucky-based Computer Services offers core banking, payments processing, Internet, card services, risk assessment, fraud prevention, network management, regulatory compliance and document delivery solutions to financial institutions and corporate entities in the U.S.  

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