MARQUETTE — Range Financial Corporation, the holding company for Range Bank, declared a quarterly cash dividend of $1.40 per share which is an increase of $.05 pershare for shareholders of record on March 1 and payable on March 15.

“We are pleased to announce this cash dividend, as we are seeing solid financial performance to start off this milestone anniversary year for Range Bank,” said Roxanne Daust, President & CEO.

In 2022, Range Bank will celebrate its 135th year anniversary as a community bank.

“They owe their success in large part to their rich history and deep-rooted strength, along with their forward-thinking focus,” officials said in a news release. “Their heritage of more than a century of community focus leadership and local decision-making has provided a stable foundation for the organization to continually grow and best serve their communities.”