Third Century Bancorp (OTCBB:TDCB), an Indiana corporation and parent company of Mutual Savings Bank announced today that on February 28, 2008 the Board of Directors declared a quarterly cash dividend of $0.04 payable to shareholders of record on March 15, 2008. The dividend will be paid on April 1, 2008.

Robert D. Heuchan, President and CEO also reported the completion of the purchase of the Edinburgh Branch from its previous owner, Somerville (Ohio) National Bank. With the purchase, Mutual Savings Bank acquired the Edinburgh Branch real estate and equipment, in addition to the total deposits of $5,463,745. All four of the employees of the Edinburgh Branch, who were employed by the previous owner are now employees of Mutual Savings Bank.

Founded in 1890, Mutual Savings Bank is a full-service financial institution with over $137 million in assets. In addition to its main office at 80 East Jefferson Street, Franklin, Indiana, the bank operates branches in Franklin at 1124 North Main Street, in the Franklin United Methodist Community, and in Edinburgh, Nineveh and Trafalgar, Indiana. It also has its Franklin Central Branch near Wanamaker, Indiana.