Every year, Centier Bank partners with Relay For Life in efforts to help fight cancer. This year, the La Porte branch stepped up by hosting a bake sale each Friday in March to increase our contributions to this amazing cause.
Centier Bank recently announced its 62nd location in Indiana with the addition of its Downtown Elkhart banking center, scheduled to open in the Summer of 2019. Over the last two years, Centier Bank has opened new banking centers in Fishers, Elkhart, Goshen, South Bend, and Granger. In 2019, the Bank also plans to open a banking center in Michigan City and a mortgage loan office in Greenwood.
2018 was a year filled with highlights for Centier Bank, including passing the $4 billion asset milestone in the second quarter of 2018. The bank also opened new branches in the Indianapolis market with its Fishers Crossing location and in Michiana with its Elkhart North location, its 60th and 61st banking centers, respectively.
More than a decade after the Great Recession, Indiana’s second largest market saw growth in 2018. Micah Pollak, Ph.D., assistant professor of economics at Indiana University Northwest, said there are many positive signs of significant economic development and accelerating growth. Northwest Indiana, he said, has been dealing with a shift in its economy for more than 40 years.
1st Source Corporation (NASDAQ: SRCE), parent company of 1st Source Bank, today reported a record high net income of $82.41 million for the year of 2018, an improvement of 21.11% compared to $68.05 million earned in 2017. Fourth quarter net income was $21.45 million, an increase of 19.18% compared to $17.99 million earned in the fourth quarter of 2017. Income before taxes for the year of 2018 was $105.03 million, growing 3.62% compared to $101.36 million earned in 2017 and $27.61 million for the fourth quarter of 2018, an improvement of 17.24% compared to $23.55 million for the same period in 2017.
If you have a health insurance plan with a high deductible, you may want to set up a Healthcare Savings Account (HSA) to complement it. Not sure if it’s a fit for you? Here’s an overview to help you decide.
Horizon Bank’s Diversity Business Council members attended a meeting at their corporate headquarters to discuss diversity and inclusion initiatives.
Horizon Bank announces a partnership with Federal Home Loan Bank of Indianapolis, which offers affordable housing initiatives. The Homeownership Opportunities Program (HOP), the Neighborhood Impact Program (NIP), and the Accessibility Modifications Program (AMP) are designed to provide affordable housing, home repairs and modifications as well as accessibility modifications.
1st Source Bank announces the grand opening of a new banking center on the campus of Indiana University South Bend on August 6, 2018. Conveniently located in the University’s Administration Building, it will offer a wide range of personal banking products and services, including no monthly fee e-Student checking accounts for students and Easy Banking Checking accounts for faculty and staff. As its third branch set in the heart of a university, this expansion underscores the Bank’s confidence that it has the knowledge, capabilities, and commitment to serve the unique needs of the IUSB community.
1st Source Corporation (NASDAQ: SRCE), parent company of 1st Source Bank, today reported a record high net income of $21.96 million for the second quarter of 2018, an improvement of 31.77% compared to $16.67 million reported in the second quarter a year ago, bringing the 2018 year-to-date net income to $41.08 million compared to $32.88 million in 2017, an increase of 24.96%. Income before taxes was $27.50 million compared to $26.15 million in the second quarter of 2017 and $52.49 million for the first six months of 2018 compared to $51.07 million for the same period in 2017.