-
New Articles
Recent Comments
- JG Bowers on Construction Highlights
- Kerry Longo on NWIBQ names top CEOs, community leaders
- Steve Dalton on LaPorte County intermodal plan moves ahead
- Ryan Erdelac on Eco-Friendly Golfing
- Innovating the Future | CIVS Home | Purdue University Calumet | Center for Innovation through Visualization and Simulation on Current Issue
Archives
Category: Banking
1st Source names Raclin Award winners
SOUTH BEND – 1st Source Bank has announced the winners of the 15th annual Ernestine M. Raclin Community Leadership Award. Five employees and five community volunteers who embody the spirit, values, energy and leadership of Ernestine M. Raclin, past Chairman of 1st Source Bank and 1st Source Corporation, were selected as 2013 winners of the award.
Jon Hicks, President of In Good Company in Merrillville, …
Read Full Article
Posted in Banking, Business News Bits, Recognition, Regional News, South Bend
Leave a comment
1st Source rated a top community bank
SOUTH BEND – 1st Source Bank has been ranked in the top 15th percentile of community banks by Seifried & Brew LLC, a community bank risk management firm. 1st Source was selected from among banks with assets between $100 million and $5 billion.
According to Seifried & Brew, 1st Source “demonstrated exemplary performance of balancing risk and reward based on the bank’s S&B …
Read Full Article
Posted in Banking, Business News Bits, Recognition, Regional News, South Bend
Leave a comment
First Merchants acquires Citizens Financial
MUNSTER – Citizens Financial Services, which operates Citizens Financial Bank, has been acquired by First Merchants Corp. of Muncie, Ind.
Shareholders of Citizens will receive .65 shares of First Merchants common stock for each share of Citizens stock. The deal is worth $115 million.
The merged operation will have assets of more than $5 billion and will be the second largest Indiana-based financial holding …
Read Full Article1st Source named to bank honor roll
SOUTH BEND – 1st Source Corp. has been named to the Keefe, Bruyette & Woods, Inc. (KBW) “Bank Honor Roll” of Superior Performers in recognition of the bank’s strong performance over the past ten years. 1st Source is one of 47 U.S. banks to be named to this esteemed list, and one of only 33 banks to make the list for two consecutive years.
“We …
Read Full Article
Posted in Banking, Business News Bits, Recognition, Regional News, South Bend
Leave a comment
1st Source announces earnings
SOUTH BEND – 1st Source Corp., parent company of 1st Source Bank, has announced net income of $12.40 million for the first quarter of 2013, up 5.88 percent compared to the $11.72 million reported in the first quarter a year ago.
Christopher J. Murphy III, chairman and CEO said, “1st Source completed another solid quarter. Our loan and lease portfolio grew at 7.19 percent …
Read Full Article
Posted in Banking, Business News Bits, Earnings, Regional News, South Bend
Leave a comment
JA, Centier join for Money Smart Week
MERRILLVILLE – In celebration of Money Smart Week, Junior Achievement and Centier Bank joined together at Centier’s corporate centre to offer a Train the Trainer for teachers interested in a virtual reality store.
The JA Finance Park Virtual program, through hands-on classroom activities helps students build a foundation for making intelligent, lifelong, personal financial decisions through hands-on, site-based experiences.The free program includes in-school, teacher-led …
Read Full Article
Posted in Banking, Business News Bits, Education, Philanthropy, Regional News
Leave a comment
LAUW appoints new allocations director
GRIFFITH – Lake Area United Way has announced Angie Williams has been appointed director of allocations. She fills the post left vacant after Dave Sikes retired on April 15 after completing nearly 28 years of service with the regional impact and fundraising organization.
Williams served seven years as executive director of the Food Bank of Northwest Indiana. She was instrumental in bringing many programs and …
Read Full ArticleZborowski joins LaPorte Savings Bank
LAPORTE – Robert M. Zborowski of Valparaiso has joined the LaPorte Savings Bank as a Commercial Lender. Zborowski brings with him over eighteen years’ experience in varying aspects of the financial industry.
Prior to joining LaPorte Savings Bank, he served as a Treasury Management Officer for the past eight years. Zborowski is a Certified Treasury Professional and a Member of the Association of Financial Professionals…
Read Full Article
Posted in Banking, Business News Bits, Regional News
Leave a comment
Booth joins LaPorte Savings Bank
LAPORTE – The LaPorte Savings Bank has announced the addition of Gary A. Booth as Residential Mortgage Loan Manager. Booth is a native of Niles, Mich. with over 30 years of experience in the banking and mortgage lending business.
Booth owned and operated his own mortgage company for many years. His company was the first privately owned mortgage broker in Indiana and Michigan to secure …
Read Full Article
Posted in Banking, Business News Bits, Regional News
Leave a comment
Lake City Bank declares dividend
WARSAW – Lakeland Financial Corp., parent company of Lake City Bank, announced that the board of directors approved a quarterly cash dividend for the first quarter of 2013 of 19 cents per share, payable May 6 to shareholders of record as of April 25. The quarterly dividend represents a 12 percent increase over the quarterly dividends paid in 2012.
Lakeland Financial …
Posted in Banking, Business News Bits, Earnings, Regional News
Leave a comment
