
RICHMOND, INDIANA and FRANKFORT, INDIANA — First Bank Richmond and The Farmers Bank announced today that, pending shareholder and regulatory approval, the combined organization will operate under the name First Bank Midwest. The new name and official logo are being unveiled as part of this announcement.
The combined organization will include all locations of First Bank Richmond, The Farmers Bank, and Mutual Federal, a division of First Bank Richmond, creating a network of 26 full-service banking offices across Indiana and Ohio.
Beginning July 1, 2026, the new name will be introduced, with branding updates occurring in phases. For our customers, there are no immediate changes. Their accounts, services, locations, and the people they work with remain the same. As we move forward, any updates will be communicated clearly and designed to enhance the overall banking experience.
First Bank Midwest will continue to operate under the parent company Richmond Mutual Bancorporation, Inc. (NASDAQ: RMBI), headquartered in Richmond, Indiana, with the bank headquartered in Frankfort, Indiana.
“Our focus remains on delivering the same local service and strong relationships our customers expect,” said Garry Kleer, Chairman & CEO of First Bank Richmond. “This merger strengthens our ability to serve our communities while maintaining the personal approach that defines community banking.”
Customers will receive additional updates as the transition progresses over the coming months.
For questions, customers may contact:
mergerquestions@firstbankrichmond.com
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About First Bank Richmond
First Bank Richmond is a community-oriented financial institution headquartered in Richmond, Indiana. First Bank Richmond provides full banking services to individuals and businesses through its eight branches located in Indiana and six branches in Ohio. The Ohio offices currently operate as Mutual Federal, a division of First Bank Richmond. Member FDIC. Equal Housing Lender.
In an effort to keep you informed, we've created this FAQ to hopefully answer some of your questions about the upcoming merger. This will be updated regularly as more questions are answered.
If you have any questions at all, please feel free to submit them in confidence to mergerquestions@firstbankrichmond.com and we'll reply within 24 hours, next business day. Your question might also be used to inform others here on this page.
As you can imagine, merging three long-standing community banks is a complicated undertaking. We hope this page serves to keep you informed and help you feel as comfortable with the transition as possible. Every effort is being taken to make this a seamless experience for all our customers.
We are introducing a new name—First Bank Midwest—along with updated branding.
There are no immediate changes to your accounts, services, locations, or the people you work with. You can continue banking exactly as you do today.
No. There is nothing you need to do at this time.
There are no changes to your routing number at this time.
There are no changes to your account number at this time.
No. Your direct deposits and automatic payments will continue as usual.
Yes. You can continue using your current checks. They remain valid, and there is no need to replace them at this time.
Yes. Your current debit card will continue to work as it does today. When your card is replaced or renewed, it may reflect updated branding.
There are no changes to how you access or use digital and mobile banking at this time.
Over time, you may begin to see the new name and logo on statements and documents. These updates will not affect how your accounts function.
Yes. Your deposits remain safe and FDIC insured.
There are no changes to our locations or the teams you work with at this time.
You will begin seeing the new name and logo starting July 1, with updates happening gradually over time.
There are no immediate changes to how you bank. As we move forward, any updates will be communicated clearly and in advance, with a focus on enhancing your overall banking experience.
We’re here to help. Please contact us at: mergerquestions@firstbankrichmond.com
The locations listed below represent the combined branch network of First Bank Richmond, The Farmers Bank, and Mutual Federal. Once operational integration is complete, projected for late fall, customers will have access to all of these locations—providing added convenience and flexibility in how and where they choose to do their banking.
First Bank Richmond – Banking Center
20 North 9th St., Richmond, IN 47374
First Bank Richmond – Financial Center
31 North 9th St., Richmond, IN 47374
First Bank Richmond – Motor Branch
601 South A St., Richmond, IN 47374
First Bank Richmond – Westside
2929 National Road West, Richmond, IN 47374
First Bank Richmond – Northside
2499 Chester Blvd., Richmond, IN 47374
First Bank Richmond – Eastside
3403 East Main St., Richmond, IN 47374
First Bank Richmond – Centerville
119 East Main St., Centerville, IN 47330
First Bank Richmond – Cambridge City
200 West Main St., Cambridge City, IN 47327
First Bank Richmond – Shelbyville
1835 Marketplace Blvd., Shelbyville, IN 46176
Mutual Federal – Sidney Downtown
121 S. Ohio Avenue, Sidney, Ohio 45365
Mutual Federal – Sidney Michigan
2601 Michigan Street, Sidney, Ohio 45365
Mutual Federal – Piqua Sunset
138 N. Sunset Drive, Piqua, Ohio 45356
Mutual Federal – Piqua Downtown
126 W. High Street, Piqua, Ohio 45356
Mutual Federal – Troy
1867 W. Main Street, Troy, Ohio 45373
Mutual Federal – Columbus
861 Yard Street, Columbus, OH 43212
The Farmers Bank – Frankfort Financial Center
9 East Clinton Street, Frankfort, IN 46041-0129
The Farmers Bank – Wesley Manor Financial Center
1555 North Main Street, Frankfort, IN 46041-1167
The Farmers Bank – Michigantown Financial Center
219 Main Street, Michigantown, IN 46057-0298
The Farmers Bank – Rossville Financial Center
5450 West State Road 26 Suite 300, Rossville, IN 46065-9479
The Farmers Bank – Kirklin Financial Center
110 North Main Street, Kirklin, IN 46050-0188
The Farmers Bank – Mulberry Financial Center
145 East Jackson Street, Mulberry, IN 46058-0280
The Farmers Bank – Lebanon Financial Center
2304 North Lebanon Street, Lebanon, IN 46052-1110
The Farmers Bank – Sheridan Financial Center
987 South White Avenue, Sheridan, IN 46069-0211
The Farmers Bank – Tipton Financial Center
110 East Jefferson Street, Tipton, IN 46072-1908
The Farmers Bank – Westfield Financial Center
17370 Farmers Bank Way, Westfield, IN 46074
The Farmers Bank – Carmel (Loan Production Office)
11350 North Meridian Street Suite 500, Carmel, IN 46032-4528
The Farmers Bank – Noblesville Financial Center
16940 Clover Road, Noblesville, IN 46060-3643
The Farmers Bank – Noblesville West Financial Center (Opening Soon)
5839 Trace Pointe Avenue, Noblesville, IN 46062-7097
The Farmers Bank – Fishers Financial Center
7126 East 116th Street, Fishers, IN 46038-1729