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First Financial in Indiana buying Tennessee bank

American Banker

The deal for SimplyBank, scheduled to be completed in the second quarter, would give First Financial in Terre Haute, Indiana, additional branches in Tennessee and its first presence in Georgia.

Indiana 72
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Fresh off one merger deal, Indiana credit union unveils another

American Banker

Centra Credit Union in Columbus, Indiana — which completed a merger with NorthPark Community Credit Union this month — has agreed to absorb Hoosier Hills Credit Union. The latest deal would create a $3 billion-asset institution.

Indiana 48

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How digital-only First Internet Bank strives to keep Indiana talent

Bank Innovation

As banks and startups on both coasts compete for new graduates, Fishers, Ind.-based based First Internet Bank is using an internship program to keep talent in the Midwest. The program, which lasts a few months, sources talent from local universities. Participants are expected to take a hands-on approach and effect change at the institution.

Indiana 370
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Merchants Bank of Indiana Money Market Currently Offers Leading Rate


Merchants Bank of Indiana's Money Market Account currently offers a top rate on balances up to $1 million. It's available through an online application.

Indiana 77
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Jewel-Osco Scoops Up Indiana Strack & Van Til Stores


Nineteen Indiana Strack & Van Til stores are soon to become Jewel Food Stores. Until now, only four of Jewel-Osco’s 186 stores were located in Indiana, with the vast majority located in Illinois and Iowa. This acquisition will expand the company’s footprint deeper into Indiana.

Indiana 101
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The tech helping an Indiana credit union reel in businesses

American Banker

Since first partnering with the digital banking software firm Q2 in 2019, Hoosier Hills Credit Union in Bedford has seen significant growth in new account openings and deposit balances due to stronger payroll processing capabilities.

Indiana 91
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Indiana bank joins list of those shedding branches

American Banker

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

Indiana 85