Press Release

Chemical Financial Corporation Announces Fourth Quarter Cash Dividend

Company Release - 11/18/2014 8:01 AM ET

MIDLAND, Mich., Nov. 18, 2014 (GLOBE NEWSWIRE) -- Chemical Financial Corporation (Nasdaq:CHFC) today announced that the Board of Directors of the Corporation declared a fourth quarter 2014 cash dividend on its common stock of $0.24 per share. The fourth quarter 2014 dividend will be payable on December 19, 2014, to shareholders of record on December 5, 2014. The ex-dividend date is December 3, 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. Following its recently completed acquisition of Northwestern Bancorp, Inc., Chemical had, on a proforma basis as of September 30, 2014, $7.4 billion in assets. 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