Press Release

Chemical Financial Corporation Announces First Quarter Cash Dividend

Company Release - 2/18/2014 8:15 AM ET

MIDLAND, Mich., Feb. 18, 2014 (GLOBE NEWSWIRE) -- Chemical Financial Corporation (Nasdaq:CHFC) today announced that the Board of Directors of the Corporation declared a first quarter 2014 cash dividend on its common stock of $0.23 per share. The first quarter 2014 dividend will be payable on March 21, 2014, to shareholders of record on March 7, 2014. The ex-dividend date is March 5, 2014.

Chemical Financial Corporation is the second largest banking company headquartered and operating branch offices in Michigan. The Corporation operates through a single subsidiary bank, Chemical Bank, with 156 banking offices spread over 38 counties in the lower peninsula of Michigan. At December 31, 2013, the Corporation had total assets of $6.2 billion. Chemical Financial Corporation's common stock trades on The NASDAQ Stock Market under the symbol CHFC and is one of the issues comprising The NASDAQ Global Select Market. More information about the Corporation is available by visiting the investor relations section of its website at

CONTACT: David B. Ramaker, CEO
         Lori A. Gwizdala, CFO
Source: Chemical Financial Corporation