The Farmers Bank rebranding to First Bank Midwest

Submitted

First Bank Richmond and The Farmers Bank have announced that, pending shareholder approval, the combined organization will operate under the name First Bank Midwest, pending regulatory approval.

The new brand will also encompass Mutual Federal, a division of First Bank Richmond, including its six offices in Ohio.

Alongside the announcement of the new name, the organizations are also publicly unveiling the official logo and brand identity that will represent the future of the combined institution beginning July 1, 2026.

Upon completion of the merger and pending shareholder approval, First Bank Midwest will operate under the parent company Richmond Mutual Bancorporation, Inc., which trades on the NASDAQ under the ticker symbol RMBI. Richmond Mutual Bancorporation, Inc. will remain headquartered in Richmond, Ind. First Bank Midwest will be headquartered in Frankfort, Ind.

This milestone represents an important step forward in the merger process and reflects the shared vision, values, and commitment to community banking that have defined these institutions for generations.

As part of the transition, the organizations will also begin using the phrase:

Rooted in tradition. Growing toward the future.

The transitional tagline reflects the spirit of the merger itself, honoring the long-standing heritage of each institution while embracing the opportunities and momentum of the future organization being built together.

“This is more than a new name. It represents who we are, what we value, and the future we are building together,” said Garry Kleer, Chairman & Chief Executive Officer of First Bank Richmond. “First Bank Midwest reflects the strength of our combined organizations while honoring the deep roots and trusted relationships that have defined our banks for generations. We are building a stronger institution designed to serve our customers and communities for decades to come.”

“This announcement marks the beginning of an exciting new chapter,” said Christopher Cook, President and Chief Executive Officer of The Farmers Bank. “The Farmers Bank has proudly served communities for 150 years, and it was incredibly important to us that the values, heritage, and identity our customers know, and trust continued forward in a meaningful way. First Bank Midwest accomplishes that. It honors our past while creating a bold vision for the future.”

Timing of name transition

While the organization now has its official name and logo, the new brand will not formally launch until July 1, 2026.

On that day, customers can expect business to continue as usual at all First Bank Richmond, The Farmers Bank, and Mutual Federal locations. The transition to the First Bank Midwest name and branding will occur in phases beginning in July 2026 and continuing into early 2027.

Some updates will happen quickly, while others will be implemented over time. Throughout the transition process, customer communication will remain a top priority. Customers can expect additional information and updates through mailed correspondence and email communications over the next nine to 12 months.