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RAILROADMEN'S ANNOUNCES CASH DIVIDEND

 RAILROADMEN'S ANNOUNCES CASH DIVIDEND
 INDIANAPOLIS, Oct. 22 /PRNewswire/ -- Railroadmen's Federal Savings


and Loan Association (NASDAQ: RRMN) announced today that the Association will pay a cash dividend of $.075 per share. The dividend is payable on Nov. 25, 1992 to shareholders of record on Nov. 4, 1992.
 This is Railroadmen's sixth consecutive cash dividend. The first one was paid in August of 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- 10/22/92
 /CONTACT: Kay Neidlinger of Railroadmen's Federal Savings and Loan Association, 317-630-0599, or 800-822-8280 (toll free in Indiana only)/
 (RRMN) CO: Railroadmen's Savings & Loan Association ST: Indiana IN: FIN SU: DIV


BM -- CL028 -- 3767 10/22/92 15:20 EDT
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Publication:PR Newswire
Date:Oct 22, 1992
Words:141
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