CEDAR LAKE – A new CVS store will be built at the intersection of 133rd Avenue and U.S. 41 in Cedar Lake. The 13,000-square-foot store will be built at the southeast corner of the intersection where four vacant building current stand. While local permits have been issued for the store, CVS has not yet receive […]
MERRILLVILLE – Centier Bank has announced its 2011 earnings were up 64 percent from 2010. The bank posted a net profit of $16.7 million in 2011, up from $10.2 million in 2010. In the fourth quarter, Centier posted a profit of $6.2 million. Centier’s assets in 2011 were $2.1 billion, up 6.1 percent from last
SOUTH BEND – 1st Source Corp. has announced record earnings of $48.2 million in 2011. The bank said the financial results are 17 percent above last year, which earnings were $41.2 million. Earnings per share rose from $1.21 in 2010 to $1.96 last year. 1st Source operates 75 banking centers in 17 counties, 23 finance
By Kathy Sipple In December President Obama announced a $4 billion initiative to increase the energy efficiency of buildings over the next two years. “Upgrading the energy efficiency of America’s buildings is one of the fastest, easiest and cheapest ways to save money, cut down on harmful pollution, and create good jobs right now,” Obama said
Building Green Energy audits, sustainable building and consumer education Read More »
VALPARAISO – Cardiac Electrophysiologist Mark Dixon is the first in Northwest Indiana and the Chicagoland area to implant the Unity Quadra TM Cardiac Resynchronization Therapy Defibrillator (CT-D) and Quartel Left Ventricular Quadripolar Pacing Lead. The new technology developed by St. Jude Medical offers additional pacing options which can reduce the need for re-operation to reposition
Porter site of first heart failure device implant Read More »
MICHIGAN CITY – Franciscan St. Anthony Health-Michigan City has received support from the public and the state in its fight against breast cancer. Laura and Vic Gerhardt, owners of Chesterton-based Above Board Construction, presented the hospital with a $5,888 donation. Their “Power of Pink” effort is augmented by a company truck that has been painted
MICHIGAN CITY – Horizon Bancorp has announced fourth quarter income was up 23 percent compared to one year ago to $3.5 million. For the year, Horizon posted earnings of $12.8 million. “Achieving record assets and net income and concurrently growing loans and deposits and reducing Horizon’s loan loss provision in a recessionary economy was a
MUNSTER – Citizens Financial Bank has been named a Top Workplace for 2011 by the Chicago Tribune for the second consecutive year. Citizens was selected following an evaluation and survey by the bank’s 300 employees that looked at direction, conditions, career, execution, managers, pay and benefits. “We are once again proud and honored to have
by Rick A. Richards Northwest Indiana bankers say their business is different–a lot different–than a year ago. Banking has seen a lot of change, nearly all of it driven by legislative reform as a result of the mortgage meltdown that threw the nation’s economy into a tailspin. Not one region bank was involved in sub-prime
Banking on Change: New regulations bring higher costs, bankers claim Read More »
VALPARAISO – The Porter County Commissioners have named 11 members of a newly created Economic Development Cabinet to spur job creation in the county. They are Doug Olson, former Portage mayor and director of governmental affairs at SEH of Indiana; Ronald Belin, general manager of Frontier Communication; Stewart McMillan, president of Task Force Tips; Heather
