MERRILLVILLE – Scott May has been named chief financial officer at Centier Bank. May has 23 years of banking and financial experience. He recently worked in banking in Indianapolis and Orlando, Fla. He is a graduate of Indiana University and currently lives in Valparaiso. Centier Bank has 45 locations in Lake, Porter, LaPorte, Marshall, and […]
INDIANAPOLIS – Pollina Corporate Real Estate of Park Ridge, Ill., recently completed a study assessing the economic climate in 32 states and Indiana was rated fifth best in the U.S. The Indiana Economic Development Corp. said Indiana’s pro-business climate was the reason, including the passage of right-to-work legislation this past session by the General Assembly.
HAMMOND – The Indiana Department of Transportation has announced that work to replace the nine-span bridge on Indianapolis Boulevard in East Chicago will likely take place next year. The bridge has been rated in poor condition by INDOT and was repaired eight years ago. The replacement is part of the work being done to expand
MUNSTER – CFS Bancorp has announced second quarter earnings of $1.4 million, up from $1.2 million one year ago. CFS is the parent company for Citizens Financial Bank. President and CEO Daryl Pomranke said Citizens has seen stronger demand for loans, but the bank’s nonperforming assets continuing to higher than preferred. Citizens has $1.1 billion
LAPORTE – Dr. Carl Wynter, an invasive cardiologist, as joined Indiana University Physicians LaPorte. He is board certified in cardiovascular disease and internal medicine by the American Board of Internal Medicine. Wynter received his medical degree from Temple University School of Medicine in Pennsylvania and completed his residency at St. Luke’s-Roosevelt Hospital Center.
MERRILLVILLE – Centier Bank has announced its net income for the second quarter was $5.4 million, up from $2.7 million last year. The bank said the increase was because of improved loan delinquencies and lower loan losses. Centier has $2.16 billion in assets at the close of business on June 30, with $1.7 billion of
WHITING – The next phase of construction at the BP refinery in Whiting is expected to be completed by the end of 2013. To complete the project, BP said it will shut down part of the refinery in the fourth quarter of this year to reconfigure three of the crude units. At the same time,
DYER – Hoosier Daddy BBQ Sauce, made in Dyer, has been included on the menu for events at Soldier Field in Chicago, including home football games for the Chicago Bears, for the next three seasons. Owner Kim Foy said it will be used on Soldier Field’s brisket, pulled pork and other food offerings. The company
Our annual roundup of answers to business law queries. by Michael Puente Summer is the time for beaches, backyard barbeques and just having fun. But it’s also a time for Hoosiers to adjust to new laws passed by the Indiana General Assembly back in the spring. Indiana has a host of new laws – namely
WESTVILLE – Purdue Federal Credit Union has opened a branch office on the campus of Purdue University North Central. The office was officially welcomed by the Greater LaPorte Chamber of Commerce. “Purdue North Central welcomes Purdue Federal Credit Union to our campus. The credit union offers a convenient location and a variety of essential services
