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RAILROADMEN'S ANNOUNCES CASH DIVIDEND

 RAILROADMEN'S ANNOUNCES CASH DIVIDEND
 INDIANAPOLIS, Dec. 19 /PRNewswire/ -- Railroadmen's Federal Savings


and Loan (NASDAQ: RRMN) announced today that the Association will pay a cash dividend of $.075 (seven and one-half cents) per share. The dividend is payable on Feb. 18, 1992 to shareholders of record on Jan. 22, 1992.
 Railroadmen's first cash dividend was paid on Aug. 15, 1991. The second was paid on Nov. 19, 1991. The board of directors anticipates declaring quarterly cash dividends in order to recognize the Association's consistent earnings and strong capital levels.
 The Association operates 15 full service branch offices in the greater Indianapolis and Chicago areas.
 -0- 12/19/91
 /CONTACT: Kay Neidlinger of Railroadmen's, 317-630-0599, or 800-822-8280, toll-free in Indiana/
 (RRMN) CO: Railroadmen's Federal Savings and Loan ST: Indiana IN: FIN SU: DIV


KK -- CL012 -- 3903 12/19/91 12:28 EST
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Publication:PR Newswire
Date:Dec 19, 1991
Words:140
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