Northeast Indiana Bancorp, Inc. Increases Quarterly Cash Dividend, Payable on November 24, 2023
October 26, 2023 at 03:30 pm EDT
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The Board of Directors of Northeast Indiana Bancorp, Inc., announce the Corporation has increased the cash dividend paid to shareholders for the 29th year in a row. The cash dividend of $0.17 per common share per quarter represents a $0.01 per share (adjusted to reflect Northeast Indiana Bancorp, Inc.'s two-for-one stock split effective July 14, 2023), or 6.25%, increase over the Company's previous quarterly dividend. The dividend will be payable on November 24, 2023 to shareholders of record on November 9, 2023.
Northeast Indiana Bancorp, Inc. is the holding company for First Federal Savings Bank (First Federal). First Federal offers a full array of banking and financial advisory services to its customers through three full-service locations in Huntington, Indiana, one full-service location in Warsaw, Indiana and two full-service locations in Fort Wayne, Indiana. The Bankâs personal banking includes checking, savings/certificate of deposits (CDs), health savings accounts, retirement accounts, direct deposit, credit cards, debit cards, checking, loans, safety deposit boxes and online banking. Its business banking includes business checking accounts, business debit cards, merchant services and cash management. Its financial services include investments, insurance, wealth management and corporate retirement accounts. Its subsidiaries include FFSB Portfolio Holdings, Inc. and FFSB Real Estate Holdings, Inc.
NORTHEAST INDIANA BANCORP, INC. 
