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Eldorado Bancorp Bumps Up Dividend

Directors of Eldorado Bancorp have increased the company’s quarterly dividend to 11 cents per share from 10 cents per share, payable June 9 to shareholders of record June 2.

The company, which operates Eldorado Bank, also said its acquisition by Commerce Security Bancorp Inc. should occur on June 6. The deal has been approved by federal and state regulators, as well as by Eldorado shareholders, the company said.

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