Richmond Mutual Bancorporation, Inc. Announces the Death of its Director W. Ray (Steve) Stevens, III

About this update from Richmond Mutual Bancorporation, Inc.

RICHMOND, Ind. , Nov. 30, 2020 /PRNewswire/ -- Richmond Mutual Bancorporation, Inc. (the "Company") (NASDAQ: RMBI), parent company to First Bank Richmond , today announced the passing of W. Ray (Steve) Stevens , III. Mr. Stevens passed away unexpectedly on November 25, 2020 in his home. Mr. Stevens served as a director of First Bank Richmond for over 25 years and as a director of the Company since its formation in 2019. He also served as chair of the Company's audit committee and as a member of its corporate governance and nominating committee. Garry Kleer , Chairman of the Board, President and Chief Executive Officer of the Company and the Bank said, "We are deeply saddened by the passing of our director and friend. This is a major loss for us as Steve was an important member of our board, a key figure in what we have accomplished at the Bank, including our recent reorganization to a public company and stock offering, and, above all, a great human being." Mr. Stevens was the President and Owner of Stevens Wire Products, a manufacturer of wire products, from 1986 until his retirement in 2016. He is a past board member of the Wire Fabricators Association , the Richmond YMCA , the Richmond Redevelopment Commission , the Wayne County Chamber of Commerce and the Forest Hills Country Club and has supported various not-for-profit organizations in our community. Mr. Stevens graduated with a Bachelor of Science degree from Indiana University . About Richmond Mutual Bancorporation, Inc. Richmond Mutual Bancorporation, Inc. , headquartered in Richmond, Indiana , is the holding company for First Bank Richmond , a community-oriented financial institution offering traditional financial and trust services within its local communities through its eight locations in Richmond , Centerville , Cambridge City and Shelbyville, Indiana , its five locations in Sidney , Piqua and Troy, Ohio and its loan production office in Columbus, Ohio . View original content: http://www.prnewswire.com/news-releases/richmond-mutual-bancorporation-inc-announces-the-death-of-its-director-w-ray-steve-stevens-iii-301181910.html SOURCE Richmond Mutual Bancorporation, Inc.

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