Richmond Mutual Bancorporation, Inc. Declares Quarterly Cash Dividend, Payable on March 14, 2024
February 21, 2024 at 09:30 pm
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Richmond Mutual Bancorporation, Inc. announced that its board of directors has declared a quarterly cash dividend on the company common stock of $0.14 per share. The cash dividend will be payable on March 14, 2024 to stockholders of record as of the close of business on March 4, 2024.
Richmond Mutual Bancorporation, Inc. is a holding company for First Bank Richmond, an Indiana state-chartered commercial bank. The Company's principal business consists of attracting deposits from the general public, as well as brokered deposits, and investing those funds primarily in loans secured by commercial and multi-family real estate, first mortgages on owner-occupied, one-to four-family residences, a variety of consumer loans, direct financing leases and commercial and industrial loans. It offers a full range of lending products, including multi-family and commercial real estate loans, commercial and industrial loans, construction and development loans, residential real estate loans, including home equity loans and lines of credit, and consumer loans. It also engages in lease financing, which consists of direct financing leases and is used by its commercial customers to finance purchases of equipment. It also provides trust and wealth management services.
RICHMOND MUTUAL BANCORPORATION, INC. 
