Third Century Bancorp Announces Increase in Dividend

FRANKLIN, Ind.--(BUSINESS WIRE)-- Third Century Bancorp (OTCPINK: TDCB), an Indiana corporation and parent company of Mutual Savings Bank, announced today that on November 20, 2018, the Board of Directors declared a dividend of $0.07 per share for shareholders of record on December 15, 2018. The dividend payable date is January 2, 2019.

This announcement increases the quarterly dividend from $0.06 per share to $0.07 per share. David A. Coffey, President and CEO of Third Century Bancorp said, “This increase of our dividend, as announced by our Board of Directors, shows our continued commitment to enhancing our overall return to our loyal shareholders.”

Founded in 1890, Mutual Savings Bank is a full-service financial institution with $158 million in assets as of September 30, 2018. In addition to its main office at 80 East Jefferson Street, Franklin, Indiana, the bank operates branches in Franklin at 1124 North Main Street, and in the Otterbein Franklin SeniorLife Community, as well as in Nineveh, and Trafalgar, Indiana.

View source version on businesswire.com: https://www.businesswire.com/news/home/20181121005500/en/

David A. Coffey, President and Chief Executive Officer
Ryan W. Cook, Senior Vice President and Chief Financial Officer
Tel. 317-736-7151
Fax 317-736-1726

Source: Third Century Bancorp

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