HUNTINGTON — The board of directors of Northeast Indiana Bancorp Inc., the parent company of First Federal Savings Bank, announced the corporation has increased the cash dividend paid to shareholders for the 21st year in row.

The cash dividend of $0.21 per common share represents a 5 percent.

The book value of NIDB’s stock was $26.94 per common share as of Sept. 30, with 1,199,879 shares outstanding. Northeast Indiana Bancorp Inc. is headquartered at 648 N. Jefferson St., Huntington. The company offers a full array of banking and financial brokerage services to its customers through its main office in Huntington and five full-service Indiana offices in Warsaw, Huntington and Fort Wayne. The company is traded on the OTC Markets Group Inc. utilizing the OTCQB platform under the symbol “NIDB.”

For more information, visit the First Federal Savings Bank website.