Daniel L. Stephan and Randall C. Rider have retired from the Board of Directors of Northeast Indiana Bancorp (the Company) and its subsidiary, First Federal Savings Bank (the Bank). Mr. Stephan served on the Board of the Company since its inception in 1995 and on the Board of the Bank for 27 years. Mr. Rider also served on the Board of the Company since its inception and on the Board of the Bank for 25 years.

Both board members ended their service at the October meeting. Kyle Koob was appointed to the Board of Directors of Northeast Indiana Bancorp and First Federal Savings Bank by the Nominating Committee. He is the President of Advanced Machine & Tool Corporation (AMT) in Fort Wayne.

Prior to serving as President, Mr. Koob was Vice President of Marketing & Engineering and Sales Manager for the tooling division at AMT.