Centier Bank surpasses $4.5 billion in assets

Centier Corporate Office
Ceniter Bank's corporate office in Merrillville. (Submitted photo)

Centier Bank now has more than $4.5 billion in assets.

The Merrillville-based privately held bank recently announced the milestone and noted it had completed eight straight quarters of pre-tax earnings growth.

The bank surpassed $3.5 billion in assets in 2017 and passed $4 billion in 2018.

“Thanks to our sound, principled business practices, we have seen continued success as we continue to grow thanks to our unmatched service and desire to help build communities throughout Indiana,” said Michael Schrage, president and CEO of Centier. “Our associates and their servant heart culture are going above and beyond to build long-lasting trustful relationships with our clients.”

Centier also was ranked fifth among the Best Places to Work in Indiana by the Indiana Chamber of Commerce, the 13th consecutive year the bank was recognized in the rankings. In May, the bank won an Indiana Bankers Association MAXI Award for its “Heart of the Community” campaign, which showcases excellence in bank marketing and advertising throughout the state.

Centier also recently announced new retail banking centers opening in Michigan City and Elkhart, along with a new mortgage loan center in Greenwood.

Centier Bank operates more than 60 locations across Indiana.

Author

  • Larry Avila
    Larry is an award-winning journalist with more than 25 years of experience working with daily newspapers and business-to-business publications around the Midwest. Avila is a Michigan native and a graduate of Central Michigan University.
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