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RAILROADMEN'S ANNOUNCES QUARTERLY CASH DIVIDEND

 INDIANAPOLIS, July 22 /PRNewswire/ -- Railroadmen's Federal Savings and Loan Association (NASDAQ: RRMN) announced today that the Association will pay a cash dividend of $.10 per share. The dividend is payable on Aug. 23, 1993 to shareholders of record on Aug. 9, 1993.
 Railroadmen's operates 15 full-service branch offices in the greater Indianapolis and Chicago areas.
 On June 1, Huntington Bancshares Incorporated announced plans to acquire Railroadmen's in a transaction that should be completed by the end of 1993, subject to shareholder and regulatory approvals.
 -0- 7/22/93
 /CONTACT: Kay Neidlinger of Railroadmen's Federal Savings and Loan Association, 317-630-0599, or toll-free in Indiana, 800-822-8280/
 (RRMN)


CO: Railroadmen's Federal Savings and Loan Association ST: Indiana IN: FIN SU: DIV

AR -- CL026 -- 4565 07/22/93 12:48 EDT
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Publication:PR Newswire
Date:Jul 22, 1993
Words:127
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