MICHIGAN CITY – Horizon Bancorp, the parent company of Horizon Bank of Michigan City, has announced a second quarter profit of $3.1 million, up from $2.5 million one year ago. Craig Dwight, president and CEO, said the profit in the first six months of the year was the highest in the bank’s history. At the […]
GRIFFITH – United Federal Credit Union of St. Joseph, Mich., has acquired Griffith Savings Bank’s assets, including its deposits and liabilities valued at $81 million. Griffith Savings will retain some assets to fund employee benefit plans, which will not be taken over by United Federal. The deal is expected to be completed in the third
MUNSTER – CFS Bancorp Inc., the parent company for Citizens Financial Bank, has announced net second quarter income of $1.2 million, up from $981,000 one year ago. Per share earnings rose from 9 cents last year to 11 cents. Chairman and CEO Thomas Prisby said the bank is well on its way to diversifying its
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HOBART – WiseGuys Liquors is moving to 1413 S. Lake Park Ave., in Hobart, into the former Foremost Liquors location. WiseGuys, which already has a location in Merrillville, features 300 varieties of wines, 100 specialty beers and 200 brands of cold beer. General manager Dave Strickley said the Hobart location will open as soon as
GARY – Methodist Hospitals are working with the American Red Cross to encourage blood donation this summer. “Any disaster, man-made or natural, can result in people being injured and needing blood,” said Sharyn Whitman, CEO for the Indiana-Ohio Blood Services Region of the American Red Cross. “While people often join together to help after a
SOUTH BEND – CB Richard Ellis/Bradley and Real Estate Management Corp. have named Kyle Chamberlin a contract administration for the commercial real estate services and property management team. Most recently, Chamberlin was with Barnes & Thornburg LLP and the office of the Elkhart County Prosecuting Attorney. He will provide in-house legal counsel on contract law
VALPARAISO – In spite of difficulties in her own life, Christine Hisick has made it a mission to help others. Hisick, founder of “Banta Feeds Food Drives” and “Hands Around the Square,” has been named an Entrepreneur of the Month by the Society of Innovators of Northwest Indiana. Hisick grew up in a foster home
CROWN POINT – A problem plaguing the refrigerated trucking business has been addressed by a Crown Point entrepreneur. Russ Edwards of Coolway Refrigeration took on the safety issue of truck driver pulling their cabs away from the trailer without unplugging the electrical power source. Edwards created the patent-approved Electrical Power Interruption Control (EPIC) device. So
SOUTH BEND – AM General has announced that the U.S. Army has picked up an option for a second year of production for the Humvee. The deal is with worth $195 million. The contract modifies an existing contract to provide 808 Humvees and 744 armored enclosures for use in Afghanistan. The work is to be
MERRILLVILLE – NiSource, the parent company for Northern Indiana Public Service Co., has announced the appointment of Sigmund Cornelius to its board of directors. Cornelius is the former chief financial officer at ConocoPhillips. He replaces Dennis Foster, who chose not to stand for re-election because of e-mail he had sent to David Hardy, the former
