SOUTH BEND – This year 1st Source Bank celebrates 150 years of helping clients achieve security, build wealth and realize their dreams. 1st Source will began its year-long celebration on June 12.
“1st Source is pleased to celebrate 150 years of service to our clients and the community,” said Christopher J. Murphy III, chairman and CEO. “For 150 years, we’ve focused on being distinctively convenient, providing straight talk and sound advice and always keeping our clients’ best interests in mind, while serving them in a very personal way. The bank’s longevity is thanks to the continued support of individuals and businesses in our community and we look forward to being here for another 150 years.”
Started in 1863 as the First National Bank of South Bend, 1st Source has a long history as a strong, stable, local and personal bank. In 1931, the bank’s name was changed to the First Bank and Trust Co. after a merger engineered by community leaders Ernest Morris and Vincent Bendix. The Morris family has continued to lead the bank since 1931, including Morris’s daughter, Ernestine Morris Carmichael Raclin, and her son-in-law, Christopher J. Murphy III, who continues today as the bank’s Chairman and CEO. Since 1981, the bank has been known as 1st Source Bank.
