MADISON, Ind.--(BUSINESS WIRE)--River Valley Bancorp (NASDAQ: RIVR), an Indiana corporation (the “Corporation”) and holding company for River Valley Financial Bank (the “Bank”), based in Madison, Indiana announced today that it has declared a cash dividend of $0.23 per share of its Common Stock for the quarter ending June 30, 2014. This is a $0.02 per share increase from that of previous quarters.
The dividend record date will be as of June 27, 2014 and will be payable on July 11, 2014. This dividend represents the sixty-eighth consecutive dividend paid by the Corporation.
River Valley Bancorp/River Valley Financial Bank is based in Madison, Indiana and has fourteen full service bank locations and one drive-thru facility. The Bank has locations in Madison, Hanover, Charlestown, Sellersburg, Floyds Knobs, New Albany, Dupont, North Vernon, Seymour, and Osgood Indiana. Another office in Jeffersonville, IN opened on May 5, 2014 and will celebrate its opening with a ribbon cutting on July 2nd.