DELHI BANK CORP. ANNOUNCES 3.00% INCREASE IN QUARTERLY CASH DIVIDEND

DELHI, N.Y., September 18, 2018 – Delhi Bank Corp. (OTC Markets Group: DWNX),

The Delhi Bank Corp. Board of Directors declared a third quarter 2018 cash dividend of $0.1748 per share at a meeting held on September 18, 2018. This quarterly cash dividend represents a 3.00% increase over the $0.1698 per share declared for the quarter ending June 2018. The dividend will be paid on or about October 15, 2018 to shareholders of record as of the close of business on September 28, 2018.

Delhi Bank Corp. is a New York Chartered bank holding company headquartered in Delhi, New York. As of June 30, 2018, Delhi Bank Corp. had assets of $305.4 million and Stockholders’ equity of $26.5 million.

CONTACT: Delhi Bank Corp. Peter Gioffe, President/CEO (855) 333-3544