Greene County Bancorp Announces Quarterly Cash Dividend (GCBC)

Greene County Bancorp, Inc. (NASDAQ: GCBC) today announced that its Board of Directors has approved the continuation of the Company's regular quarterly cash dividend of $0.175 per share. The dividend reflects an annual cash dividend rate of $0.70 per share. The quarterly cash dividend will be paid to shareholders of record as of May 13, 2011. The $0.175 per share quarterly dividend will be payable on June 1, 2011.