May 23, 2013

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Reporter: Doug Brown

Capitol Federal Holds Annual Meeting

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TOPEKA, Kan. (WIBW) _ Capitol Federal held its annual stockholders meeting Tuesday morning.

Board chairman John Dicus told the crowd assembled at Topeka's Maner Conference Center that the bank had a total revenue of $74.5 million for the 2012 fiscal year. The amount is a $10 million increase from last year.

The company also declared a quarterly cash dividet of $0.75 a share.

Dicus says there are some secrets to the financial institution's continued success.

"Sticking to sound banking principles has been something that has been a foundation for us and is continuing to pay off," he said. "In times that are difficult for a lot of institutions, we've been able to remain strong."

Three directors were elected to Capitol Federal's board of directors at the meeting as well. James G. Morris was elected as a new director. Morris is a certified public accountant who retired form KPMG last year. John B. Dicus and Jeffrey Thompson also were elected.


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