GRIFFITH – “Bank on Northwest Indiana,” a program designed to help connect the region’s 21,700 “unbanked or underbanked” residents with free or low-cost bank accounts, financial education and other financial services was launched April 13. The program, organized by the Lake Area United Way, brings together financial institutions and community partners to assist […]
GRIFFITH – Lake Area United Way has announced an effort to provide affordable banking services and education for residents of Lake County. At 3 p.m. on Wednesday, April 13, it will unveil plans for Bank on Northwest Indiana. Participating in the announcement will be Indiana State Treasurer Richard Mourdock; Angelisa M. Harris of
MUNSTER – Jill Hasiak, vice president of cash management at Citizens Financial Bank, has been elected chairperson of Munster’s Plan Commission for 2011. “Munster is the headquarters of Citizens Financial Bank and we feel a special relationship to the residents and businesses in Munster and Lake County,” said Dale Clapp, executive vice president
MUNSTER – North West Indiana Bancorp, the holding company for Peoples Bank, has reported a fourth-quarter profit. Net income for the quarter was $1.1 million, up $7,000 from the same quarter in 2009. In 2010, the profit was $5.2 million, up from $2.5 million in 2009. “Peoples Bank continues to generate operating
MERRILLVILLE – Centier Bank has reported growth in earnings and an increase in capital in 2010. Earnings for the year were $10.2 million with a return of assets of 0.51 percent and a return on equity of 6.71 percent. Centier also increased its capital from $167.1 million to $186.6 million. First Bancshares Inc.,
SOUTH BEND – 1st Source Bank and its philanthropic arm, 1st Source Foundation, have donated more than $840,000 to community causes in 2010. In addition, 1st Source employees volunteers more than 25,000 hours to more than 375 non-profits. Major donations include $100,000 to St. Mary’s College Capital Campaign; $30,000 to South Bend Area
INDIANAPOLIS – The Indiana Bankers Association has named 20 people to its board of directors. Officers are David M. Geis of Jackson County Bank, Seymour, chairman; Patrick J. Glotzbach of New Washington State Bank in Charlestown, first vice chairman; James C. Marcuccilli of STAR Financial Bank, Fort Wayne, second vice chairman; Michael K.
MICHIGAN CITY – Horizon Bank has received the Northwest Indiana Small Business Lender of the Year honor from the Regional Development Co. At the same time, Kent Mishler, vice president and commercial lender, received the Top Lender Award for small business lending in the region. “Both of these awards are a positive reflection
INDIANAPOLIS – S. Joe DeHaven, president and chief executive officer of the Indiana Bankers Association has been named Association Executive of the Year for 2010 by the Indiana Society of Association Executives. DeHaven joined the IBA in 2006 and has led the organization through a merger and guided it through one of the
SOUTH BEND – 1st Source Bank has been ranked No. 1 among all banks in Indiana for the number of Small Business Administration 504 loans closed in the last fiscal year. In addition, 1st Source has been recognized by the South Bend Business Development Corp. for its SBA lending in 2010. The bank
