MUNSTER – Thomas F. Prisby, chairman and chief executive officer of CFS Bancorp, Inc., the parent of Citizens Financial Bank, has announced his retirement after 30 years with the institution. He will serve as chairman emeritus of the bank until Dec. 31, 2013. Prisby joined the bank in 1982 and was president and CEO until …
INDIANAPOLIS – Christina M. Bennett, vice president of meetings and events for the Indiana Bankers Association, has been named 2011 Association Professional of the Year by the Indiana Society for Association Executives. Bennett joined the IBA in 1990 and is responsible for the organizations largest events, including its Mega Conference, annual convention, legislative reception and …
Small-bank values and a five-star rating. by Rick A. Richards LaPorte Savings Bank’s roots run deep in LaPorte County and Northwest Indiana. As far as Chairman and CEO Lee Brady can tell, the bank’s roots are deeper than any other bank in the region still doing business under its original name. Brady, who has been …
INDIANAPOLIS – The Indiana District Office of the U.S. Small Business Administration has recognized Centier Bank of Munster as its Third Party Lender of the Year. Centier contributed to 12 SBA loans in 2001, accounting for $16.2 million in projects. It contributed 8 percent of all SBA loans in the state. One project was worth …
MICHIGAN CITY – Horizon Bancorp, the parent company of Horizon Bank, has announced a stock split that will be distributed Friday, Dec. 9. Each shareholder will receive an additional half share of their common stock. The price paid for fractional shares will be based on the five-day average closing price. The split will increase Horizon’s …
MERRILLVILLE – Centier Bank has announced earnings of $10.5 million for the first nine months of the year with assets reaching $2.1 billion. The bank announced that it anticipates lending to grow in the coming months after the opening of a loan production office in Carmel. “We continue to make loans in our communities and …
CARMEL – Centier Bank has announced the opening of a loan production office at 11611 Meridian St. in Carmel. The office is in the Meridian Mark 1 Plaza. Michael Schrage, president and CEO, said the loan production office is the first presence for Centier in Hamilton County. Since 2010, Centier has served the Carmel and …
SOUTH BEND – 1st Source Insurance has been named one of the top 100 banks in insurance by the Who’s Who in Bank Insurance, published by the Bank Insurance Market Research Group. Selection was based on revenue for fiscal 2010. 1st Source ranked 75th, 11 places from the previous year. “It has been a tough …
INDIANAPOLIS – The Indiana Bankers Association has issued a warning to protect consumers from identity theft. The IBA said more than 10 million people in the country fall victim to identity theft by unintentionally revealing their Social Security numbers or credit card information. “It is astounding how easy it is to obtain the needed information …
HAMMOND – The Lakeshore Chamber of Commerce will hold its seventh annual Business Expo and Luncheon starting at 11 a.m. on Thursday, Oct. 27 at the Dynasty Banquet Center, 4125 Calumet Ave. Speakers include Kevin Brinegar, president of the Indiana State Chamber of Commerce; Morton Marcus, Indiana University economist; David Mika, regional president of BMO …
