Press Release

Chemical Financial Corporation Announces Second Quarter Cash Dividend

Company Release - 5/20/2014 8:00 AM ET

MIDLAND, Mich., May 20, 2014 (GLOBE NEWSWIRE) -- Chemical Financial Corporation (Nasdaq:CHFC) today announced that the Board of Directors of the Corporation declared a second quarter 2014 cash dividend on its common stock of $0.23 per share. The second quarter 2014 dividend will be payable on June 20, 2014, to shareholders of record on June 6, 2014. The ex-dividend date is June 4, 2014.

Chemical Financial Corporation is the second largest banking company headquartered and operating branch offices in Michigan. Chemical operates through a single subsidiary bank, Chemical Bank, with 157 banking offices spread over 38 counties in the lower peninsula of Michigan. At March 31, 2014, Chemical had total assets of $6.34 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 Chemical is available by visiting the investor relations section of its website at

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