Exhibit 99.1
 | News Release |
FOR IMMEDIATE RELEASE
| Contact: | At The Investor Relations Company: |
Robert L. Johnson, Chairman & CEO Curt Kollar, CFO | Woody Wallace Steven Carr |
| 706-645-1391 | 312-780-7211 |
bjohnson@charterbank.net or ckollar@charterbank.net | scarr@dresnerco.com |
CHARTER FINANCIAL DECLARES QUARTERLY CASH DIVIDEND
WEST POINT, Ga., May 31, 2011—Charter Financial Corporation (NASDAQ: CHFN) today announced that its board of directors has declared a quarterly cash dividend of 5 cents per share. The dividend is payable on June 29, 2011, to stockholders of record June 15, 2011. Charter Financial Corporation is a savings and loan holding company and the parent of CharterBank, a full-service community bank and a federal savings institution. CharterBank is headquartered in West Point, Georgia, and operates branches in central West Georgia and East Alabama. CharterBank’s deposits are insured by the Federal Deposit Insurance Corporation.
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