The estimated Net Worth of M. Lynn Wetzel is at least $827 millier dollars as of 1 May 2024. Mr. Wetzel owns over 1,250 units of Richmond Mutual Bancorporation stock worth over $788,340 and over the last 5 years he sold RMBI stock worth over $0. In addition, he makes $38,550 as Independent Director at Richmond Mutual Bancorporation.
M has made over 6 trades of the Richmond Mutual Bancorporation stock since 2019, according to the Form 4 filled with the SEC. Most recently he bought 1,250 units of RMBI stock worth $13,725 on 1 May 2024.
The largest trade he's ever made was buying 23,389 units of Richmond Mutual Bancorporation stock on 1 July 2019 worth over $233,890. On average, M trades about 6,356 units every 252 days since 2019. As of 1 May 2024 he still owns at least 62,074 units of Richmond Mutual Bancorporation stock.
You can see the complete history of Mr. Wetzel stock trades at the bottom of the page.
M. Lynn Wetzel serves as Independent Director of the Company. Mr. Wetzel began working in the automobile industry in 1973, purchasing his first dealership in Pittsburgh, Pennsylvania, a Mercedes-Benz dealership, in 1983. Mr. Wetzel currently owns and operates six dealerships in Richmond, Indiana, which include Honda and Dodge dealerships purchased in 1998, Chrysler and Jeep dealerships purchased in 2004, and Ford and Chevrolet dealerships purchased in 2007. He serves as a trustee on the board of the Boys and Girls Clubs of Wayne County, is a former board member of the Wayne County Area Chamber of Commerce, past president and former board member of the Pittsburgh Auto Dealers Trade Association and former board member of the Pennsylvania Automobile Dealers Association. Mr. Wetzel also actively supports multiple charitable causes in the community including sponsorship, in partnership with First Bank Richmond and the Wayne County Area Chamber of Commerce, of the “School is Cool” program which gives an automobile or scholarship annually to a senior high school student with perfect attendance during the school year. Mr. Wetzel’s business acumen, including his broad range of knowledge in the areas of finance, leasing, negotiations and day-to-day business operations resulting from his extensive career in the automobile industry makes him a valuable asset to our board and the committees on which he serves.
As the Independent Director of Richmond Mutual Bancorporation, the total compensation of M Wetzel at Richmond Mutual Bancorporation is $38,550. There are 9 executives at Richmond Mutual Bancorporation getting paid more, with Garry D. Kleer having the highest compensation of $532,909.
M Wetzel is 70, he's been the Independent Director of Richmond Mutual Bancorporation since 2016. There are 1 older and 23 younger executives at Richmond Mutual Bancorporation. The oldest executive at Richmond Mutual Bancorporation, Inc. is Lindley Mann, 74, who is the Lead Independent Director.
M's mailing address filed with the SEC is RICHMOND MUTUAL BANCORPORATION, INC., 31 N. 9TH STREET, RICHMOND, IN, 47374.
Over the last 5 years, insiders at Richmond Mutual Bancorporation have traded over $112,131 worth of Richmond Mutual Bancorporation stock and bought 362,233 units worth $3,848,438 . The most active insiders traders include Jeffrey A. Jackson, M. Lynn Wetzel et Harold T. Iii Hanley. On average, Richmond Mutual Bancorporation executives and independent directors trade stock every 44 days with the average trade being worth of $118,694. The most recent stock trade was executed by M. Lynn Wetzel on 1 May 2024, trading 1,250 units of RMBI stock currently worth $13,725.
Richmond Mutual Bancorporation, Inc. operates as a holding company for First Bank Richmond that provides various banking services. The company accepts various deposits, including savings deposit accounts, money market accounts NOW and demand accounts, and certificates of deposit. It also offers a range of lending products, such as multi-family and commercial real estate loans, commercial and industrial loans, construction and development loans, residential real estate loans, and consumer loans. In addition, the company engages in the lease financing business; and provision of fee-based financial services comprising trust and estate administration, investment management, retirement plan administration, and private banking services. It operates through 12 full service and one limited-service banking offices with seven full-service and one limited-service offices located in Indiana; five offices situated in Ohio; one full-service banking office and four other branch offices are located in Richmond, Indiana; two other offices in Cambridge City, Centerville, Richmond, and Shelbyville, Indiana; two offices in Sidney and Ohio; two offices in Piqua and one office in Troy, Ohio; and a loan production office in Columbus, Ohio. Richmond Mutual Bancorporation, Inc. was founded in 1887 and is headquartered in Richmond, Indiana.
Richmond Mutual Bancorporation executives and other stock owners filed with the SEC include: