American Banker

SEPTEMBER 11, 2023

Banks of all sizes have been pruning branch networks in recent years. Merchants Bancorp says it will sell a total of four branches to two buyers and focus more on its core residential mortgage lending business.

Indiana 85

Indiana Lending Community Bank Industry 85

American Banker

JUNE 29, 2020

Eric Luse, who co-founded the Luse Gorman law firm, helped Community Bank Shares of Indiana create the first MHC in the early 1990s.

Indiana 67

Indiana Community Bank Company Community 67

Abrigo

JANUARY 15, 2015

With mortgage rates down in the US , many homebuyers are looking locally to their community banks to finance their new, potentially life-changing purchase. In the spirit of the go local movement, new data from Sageworks Bank Information peeked in on 10 cities to see which community banks were making an impact on local mortgage lending.

Cleveland 150

Cleveland Detroit Michigan Community Bank 150

American Banker

MAY 31, 2024

Atlanta Postal Credit Union's bid to acquire Affinity Bank marked the 11th deal overall this year involving a credit union buying a bank, matching the total for all of 2023. Separately, members voted against the merger of two credit unions in Indiana.

Indiana 78

Indiana Atlanta Community Bank Community 78

American Banker

JULY 30, 2024

The $330 million transaction announced late Monday would give the Jasper-based company a foothold in fast-growing Columbus, as well as in Cincinnati.

Ohio 36

Ohio Indiana Columbus Company 36

American Banker

JANUARY 23, 2024

The Indiana bank is "on offense by continuing to invest in new client-facing and key support talent and being ready and opportunistic for acquisitions," CEO Jim Ryan says.

Nashville 83

Nashville Indiana National Community Bank 83

PYMNTS

JANUARY 4, 2017

Among the new firms on the roster, in alphabetical order: Enrichment Federal Credit Union, First Security Bank of Arkansas, Marion & Polk Schools Credit Union, Merchants Bank of Indiana, Northern Michigan Bank & Trust, Ohnward Bank and Trust, Postel Family Credit Union, River Cities Bank, River Town Bank, Simplicity Credit Union, SouthPoint (..)

Apple 117

Apple Arkansas Indiana Utah 117

American Banker

JUNE 4, 2024

The Indiana bank said it struck a $40 million cash deal to sell its insurance brokerage to the Hilb Group. It joined a growing number of lenders announcing such transactions.

Indiana 50

Indiana Trends Groups Community Bank 50

American Banker

OCTOBER 26, 2023

The Indiana bank said it agreed to acquire CapStar Financial in an all-stock deal that would hasten its growth in Tennessee.

Nashville 74

Nashville Indiana Tennessee National 74

American Banker

AUGUST 27, 2024

The $23 million cash transaction boosts Old Second's presence in its home Windy City market, while marking Muncie, Indiana-based First Merchants' exit from Illinois.

Chicago 36

Chicago Indiana Illinois Marketing 36

American Banker

APRIL 23, 2024

Brendon Falconer, finance chief of the Indiana company since 2019, faces felony child molestation charges. But CEO James Ryan says management is focused on the CapStar integration and organic growth.

Indiana 63

Indiana National Management Company 63

ABA Community Banking

MAY 18, 2022

From Butch Cassidy to Bonnie and Clyde, bank robbers have always had a pop culture mystique. But bank robberies are no Hollywood storyline for bank employees and customers, whose safety and even lives are put at risk when a robber holds up a bank branch.

Indiana 98

Indiana Community Bank Community Security 98

CFPB Monitor

SEPTEMBER 21, 2020

Last week, the CFPB announced the appointment of new members to its advisory committees: Consumer Advisory Board (CAB), Community Bank Advisory Council (CBAC), Credit Union Advisory Council (CUAC), and Academic Research Council (ARC). Tim Welsh, Vice Chairman Consumer and Business Banking, U.S. Bank (Minneapolis, MN).

DC 78

DC Mississippi Washington Oklahoma City 78

American Banker

DECEMBER 14, 2023

The Michigan City company, part of a growing list of banks announcing similar overhauls, aims to sell nearly $400 million of securities and reinvest the proceeds in higher-yielding loans.

Indiana 36

Indiana Michigan Security Company 36

American Banker

APRIL 26, 2016

million-asset Indiana Business Bancorp. The $374 million Lizton said in a press release Tuesday that it will pay $12.5 million, or $7.25 a share, in cash for the $66.5

Indiana 28

Indiana Community Bank Community Strategy 28

PYMNTS

JUNE 22, 2016

Indiana State University Credit Union. Jersey Shore State Bank. Luzerne Bank. Mabrey Bank. Meadows Bank. Pendleton Community Bank. Peoples Bank (OH). Phoenixville Federal Bank & Trust. Phoenixville Federal Bank & Trust. Premier Bank (MN). Premier Bank (NE).

Apple 102

Apple ATM Mississippi Indiana 102

Jeff For Banks

JULY 5, 2022

The money market mutual fund became a formidable competitor to the bank account. First Internet Bank in Indiana was founded in 1998. Two percent is a big matzah ball out there to overcome and compete with Ally Bank. And what greater meaning can they get than at a community financial institution?

Millennials 78

Millennials Community Pennsylvania Meeting 78

American Banker

AUGUST 20, 2021

(..)

Indiana 92

Indiana Community Bank Community 92

American Banker

JULY 2, 2020

Heritage Trust Federal Credit Union will buy the bank's deposits and assume its liabilities.

Indiana 41

Indiana Community Bank Community 41

American Banker

FEBRUARY 10, 2023

(..)

Indiana 48

Indiana Community Bank Community 48

ABA Community Banking

DECEMBER 11, 2019

After her bank's CEO unexpectedly died a quarter century ago, Annette Russell was suddenly thrust into the top job at Security Federal Savings Bank in Logansport, Indiana. The post Podcast: Consciously Cultivating an Internal Talent Pipeline appeared first on ABA Banking Journal.

Indiana 69

Indiana Security Resources Leadership 69

Abrigo

AUGUST 11, 2016

Bank acquisitions by credit unions did not exist until 2011, when St. Joseph, a Michigan-based credit union, acquired Indiana-based Griffith Savings Bank. A recent article in the Milwaukee Wisconsin Journal Sentinel notes, “More community bank takeovers by large credit unions are likely.”

Michigan 150

Michigan Milwaukee Indiana Wisconsin 150

Jeff For Banks

DECEMBER 7, 2019

It is the Mountlake Terrace, Washington holding company for 1st Security Bank, a $1.7 billion in assets community bank with 22 branches that encircle the Seattle Sound. It is the $888 million holding company for Plumas Bank. The bank operates thirteen branches, eleven in northern California and two in Nevada.

Indiana 78

Indiana Oregon South Dakota Community Bank 78

American Banker

DECEMBER 22, 2020

The company will pay $20 million in cash for a bank with two branches and $58 million of loans.

Indiana 34

Indiana Company Community Bank Community 34

American Banker

SEPTEMBER 29, 2020

The Indiana company tapped CFO Mark Hardwick as its next CEO, while Michael Stewart, its chief banking officer, will become president. Michael Rechin will step down at the end of this year.

Indiana 31

Indiana Management Company Community Bank 31

Jeff For Banks

APRIL 25, 2014

"Our combined financial institution will offer a wider array of products and services while continuing our long-standing personal commitment to our customers and community." - Gregory Schreacke, President of First Financial Service Corporation in Elizabethtown, KY on his bank''s sale to Community Bank Shares of Indiana, Inc.

Community 89

Community New York Indiana Connecticut 89

American Banker

AUGUST 5, 2022

(..)

Indiana 41

Indiana Community Bank Industry Community 41

Jeff For Banks

DECEMBER 13, 2018

is the parent company of Willamette Valley Bank, a community bank headquartered in Salem, Oregon. The Bank operates five full service offices. billion in asset holding company for Farmers & Merchants State Bank (F&M). I always search for the "why" when banks excel in total return. And to them I say.

Oregon 101

Oregon Ohio California Community Bank 101

American Banker

OCTOBER 3, 2016

recently agreed to buy a minority stake in a bank in an attractive market. The move could allow the company to obtain intel while gaining an edge should the other bank decide to sell. First Merchants Corp.

Indiana 40

Indiana Marketing Company Community Bank 40

American Banker

NOVEMBER 9, 2020

The Indiana company agreed to acquire Hoosier Trust, which manages about $300 million in assets.

Indianapolis 31

Indianapolis Indiana Company Management 31

American Banker

FEBRUARY 29, 2016

Benjamin Bochnowski will be named chief executive of both the holding company and the $865 million-asset Peoples Bank at the bank's April 28 annual meeting.

Indiana 28

Indiana Meeting Company Community Bank 28

American Banker

APRIL 4, 2016

First Financial in Terre Haute, Ind., has sold its insurance brokerage unit to USI Insurance Services in Valhalla, N.Y.

Indiana 28

Indiana Community Bank Community Strategy 28

American Banker

OCTOBER 3, 2016

First Commonwealth Financial in Indiana, Pa., has agreed to buy DCB Financial in Lewis Center, Ohio, for $106 million in cash and stock.

Ohio 50

Ohio Indiana Community Bank Community 50

American Banker

SEPTEMBER 26, 2016

has agreed to buy a minority stake in Independent Alliance Banks in Fort Wayne, Ind. First Merchants Corp. in Muncie, Ind.,

Indiana 28

Indiana Community Bank Capital Community 28

American Banker

DECEMBER 15, 2016

First Internet Bancorp in Fishers, Ind., disclosed in a regulatory filing that it is looking to raise $25 million capital through a stock offering.

Indiana 28

Indiana Capital Community Bank Community 28

American Banker

MARCH 11, 2016

Horizon Bancorp in Michigan City, Ind., has agreed to buy LaPorte Bancorp in LaPorte, Ind.

Indiana 28

Indiana Michigan Community Bank Community 28

NCR

JUNE 14, 2016

April kicked off Financial Literacy Month so we recently talked with Becky Stapleton, senior executive vice president and chief banking officer at S&T Bank, to learn about the various initiatives they host in order to promote financial literacy in their local community. Is there anything else you would like to add?

Pennsylvania 40

Pennsylvania Community Regional Indiana 40