INDUSTRY INSIGHTS YOUR PEERS ARE READING
The Indiana company could also use proceeds from the planned stock sale to pay off debt. Capital Strategic plans Community banking Indiana MORE
M&A Integrations Growth strategies IndianaThe deal comes months after First Merchants bought a minority stake in Independent Alliance. MORE
Community banking M&A Growth strategies Mortgages IndianaRuoff Financial will make its first push into banking with the purchase of SBB Bancshares. MORE
The Indiana company will pay $68 million for Citizens First. M&A Community banking Growth strategies Indiana Kentucky MORE
Indiana Members Credit Union (IMCU) announced its sponsorship of the Indianapolis Indians starting with the 2016 baseball season. The sponsorship includes an exclusive Indianapolis Indians debit card, website advertising, TV and radio advertisements, in-stadium display and a new in-game strikeout feature called “IMCU Later”. The Indianapolis Indians are a professional Triple-A baseball club affiliated with the Pittsburgh Pirates. The terms of the sponsorship agreement were not disclosed. MORE
First Merchants Corp. 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. community-banking m-a consolidation strategic-alternatives in dealmaking-strategy MORE
First Internet Bancorp in Fishers, Ind., disclosed in a regulatory filing that it is looking to raise $25 million capital through a stock offering. breaking_news community-banking capital strategic-alternatives in dealmaking-strategy MORE
The Indiana company, which has an acquisition pending, will make more loans in minority neighborhoods around Indianapolis. Community banking M&A Law and regulation Mortgages Indiana MORE
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. MORE
One of the first online only banks was in the news this week for being a top place to work Community Banking Technology Retail Banking Tech Management Feature3 Fintech Feature Human Resources. 1Community Banking MORE
First Financial in Terre Haute, Ind., has sold its insurance brokerage unit to USI Insurance Services in Valhalla, N.Y. breaking_news community-banking in dealmaking-strategy MORE
Currently running in Minnesota , North Carolina, South Carolina and Michigan , the campaign is set to expand to North Dakota, South Dakota and Indiana. The post North and South Dakotas, Indiana to launch Open Your Eyes to a CU in July appeared first on CUInsight. MORE
Community banking M&A Capital Growth strategies Indiana Michigan OhioDespite ongoing industry consolidation, the company still expects to have at least 10 chances each year to buy another bank. MORE
Strategic buyers Infrastructure Community banking Growth strategies IndianaThe acquisition will increase Horizon’s core deposits and add branches around Indianapolis. MORE
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 breaking_news community-banking dealmaking-strategy MORE
He will be succeeded by Jim Ryan, the Indiana company's chief financial officer. Community banking Succession planning Growth strategies IndianaBob Jones will retire in early May. MORE
The Indiana bank plans to sell 10 branches to a credit union. Community banking Branch management Branch network M&A Credit unions Indiana WisconsinIt will also shut down several more locations. MORE
The Indiana bank would add nearly $100 million in deposits with its purchase of FM Bancorp. Community banking M&A Capital Indiana Illinois MORE
Innovate Indiana is taking part in a $2.6 million investment in Rippleshot, a company that uses artificial intelligence to detect card fraud. Venture funding Analytics MORE
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. breaking_news people succession-planning in community-banking MORE
First Merchants Corp. in Muncie, Ind., has agreed to buy a minority stake in Independent Alliance Banks in Fort Wayne, Ind. breaking_news dealmaking-strategy capital strategic-alternatives in community-banking MORE
First Merchants in Indiana would pass $10 billion in assets by acquiring MBT Financial in Michigan. Strategic buyers Integrations Community banking Indiana Michigan MORE
The Indiana company's board knew what it wanted from a potential buyer, and that helped it as it negotiated one of this year's biggest bank deals. Community banking M&A Succession planning Growth strategies Ohio Indiana MORE
First Financial in Ohio is buying MainSource in Indiana — with a twist. Community banking M&A Capital Growth strategies Indiana OhioMainSource's leader will become CEO. MORE
Community banking Mutual banks Charter conversions Capital IndianaMid-Southern Bancorp could use proceeds to make more loans or to pursue acquisitions. MORE
Horizon Bancorp in Michigan City, Ind., has restructured its balance sheet to improve its margins and financial returns. breaking_news dealmaking-strategy capital strategic-alternatives in community-banking MORE
Community banking M&A Capital Indiana KentuckyThe $128 million acquisition will provide First Financial with its first branches in Kentucky and Tennessee. MORE
Small business lending Growth strategies Fintech Community banking SBA Indiana New JerseyFirst Internet is poised to acquire an SBA lending team to help it meet an ambitious loan target for the year — a target the CEO plans on doubling in coming years. MORE
Community banking M&A Small business lending SBA IndianaFirst Internet will gain lenders and servicing staff, along with offices in Chicago and Indianapolis, from the deal. MORE
Elements Financial, formerly Eli Lilly Federal Credit Union, was announced as the official title sponsor of the Blue Ribbon Pavilion on the Indiana State Fairgrounds. The sponsorship is for five-years. However, the cost of the sponsorship was not disclosed for the 70,575 square foot building. Read the story. Branding Naming Rights Sponsorships MORE
Community banking M&A Capital Growth strategies Indiana MinnesotaOld National will have the fifth-biggest deposit market share in the city when it completes the $434 million acquisition. MORE
Paula Awe, a former assistant manager of an Indiana credit union who ran a check-kiting scheme along with her manager, was sentenced last week to 18 months in prison. The post Former Indiana CU assistant manager sentenced for bank fraud appeared first on CUInsight. District Court Judge Jon E. DeGulio in Hammond, Ind., also ordered Awe to pay $180,000 restitution and to serve two years of supervised release following her prison sentence. She pleaded guilty to bank fraud in February. MORE
MAY THE FOURTH BE WITH YOU! APPEARS THE GOP HAS GONE OVER TO. THE DARTH SIDE! MORE
Offers & Promotions Indiana Members Credit Union Credit Union Information Page | Receive Alerts for this Credit Union. Indiana Members CUs 84-month CD Earns 2.53% APY POSTED ON WEDNESDAY, MAY 31, 2017 BY Ken Tumin Deal Summary: 84-Month CD, 2.53% APY, $1k minimum. Availability: Residents of 17 central Indiana counties and eight Indiana townships. Indiana Members Credit Union’s (Indiana Members) 84-month CD is currently earning 2.53% APY. | About Us. MORE
Horizon Bancorp in Michigan City, Ind., has agreed to buy LaPorte Bancorp in LaPorte, Ind. breaking_news community-banking mi in m-a dealmaking-strategy MORE
Horizon Bancorp in Michigan City, Ind., has agreed to buy CNB Bancorp in Attica, Ind. community-banking breaking_news in dealmaking-strategy MORE
The Indiana credit union agreed to pay $21.3 Community banking M&A Commercial lending Michigan Indianamillion in cash for New Bancorp, which was created when its savings bank converted to a stock-owned company in 2015. MORE
Community banking M&A Capital Growth strategies Ohio IndianaFarmers & Merchants will pay $89 million for the parent of Bank of Geneva. MORE
Community banking M&A Growth strategies IndianaThe company will pay $66 million for the parent of BloomBank. MORE
Merchants has agreed to buy NattyMac, a company it has been in business with since 2014. Community banking M&A Warehouse lenders Florida MORE
The deal – expected to close later this year – will be the third credit union acquisition of a bank so far in 2018. MORE
The Indiana company will pay $92 million for Wolverine Bancorp. Community banking M&A Capital Indiana Michigan MORE
Indiana Related Topics 
Banking Exchange
JUNE 14, 2019
One of the first online only banks was in the news this week for being a top place to work Community Banking Technology Retail Banking Tech Management Feature3 Fintech Feature Human Resources. 1Community Banking
BankThink
JUNE 19, 2018
Community banking M&A Growth strategies Mortgages IndianaRuoff Financial will make its first push into banking with the purchase of SBB Bancshares.
BankThink
JULY 31, 2018
Community banking M&A Capital Growth strategies Indiana Michigan OhioDespite ongoing industry consolidation, the company still expects to have at least 10 chances each year to buy another bank.
PYMNTS
MAY 16, 2017
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.
BankThink
OCTOBER 30, 2018
Strategic buyers Infrastructure Community banking Growth strategies IndianaThe acquisition will increase Horizon’s core deposits and add branches around Indianapolis.
BankThink
MARCH 26, 2018
Community banking Mutual banks Charter conversions Capital IndianaMid-Southern Bancorp could use proceeds to make more loans or to pursue acquisitions.
Jim Blaine
MAY 4, 2016
MAY THE FOURTH BE WITH YOU! APPEARS THE GOP HAS GONE OVER TO. THE DARTH SIDE!
BankThink
JUNE 13, 2019
The Indiana company, which has an acquisition pending, will make more loans in minority neighborhoods around Indianapolis. Community banking M&A Law and regulation Mortgages Indiana
BankThink
FEBRUARY 17, 2017
M&A Integrations Growth strategies IndianaThe deal comes months after First Merchants bought a minority stake in Independent Alliance.
BankThink
DECEMBER 6, 2018
Merchants has agreed to buy NattyMac, a company it has been in business with since 2014. Community banking M&A Warehouse lenders Florida
BankThink
FEBRUARY 22, 2019
The Indiana company will pay $68 million for Citizens First. M&A Community banking Growth strategies Indiana Kentucky
BankThink
JUNE 19, 2019
Small business lending Growth strategies Fintech Community banking SBA Indiana New JerseyFirst Internet is poised to acquire an SBA lending team to help it meet an ambitious loan target for the year — a target the CEO plans on doubling in coming years.
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 breaking_news community-banking dealmaking-strategy
Keith Leggett's Credit Union Watch
APRIL 9, 2016
Indiana Members Credit Union (IMCU) announced its sponsorship of the Indianapolis Indians starting with the 2016 baseball season. The sponsorship includes an exclusive Indianapolis Indians debit card, website advertising, TV and radio advertisements, in-stadium display and a new in-game strikeout feature called “IMCU Later”. The Indianapolis Indians are a professional Triple-A baseball club affiliated with the Pittsburgh Pirates. The terms of the sponsorship agreement were not disclosed.
BankThink
MAY 21, 2019
Community banking M&A Small business lending SBA IndianaFirst Internet will gain lenders and servicing staff, along with offices in Chicago and Indianapolis, from the deal.
American Banker
OCTOBER 3, 2016
First Merchants Corp. 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. community-banking m-a consolidation strategic-alternatives in dealmaking-strategy
Payments Source
MARCH 9, 2017
Innovate Indiana is taking part in a $2.6 million investment in Rippleshot, a company that uses artificial intelligence to detect card fraud. Venture funding Analytics
BankThink
MARCH 13, 2018
The deal – expected to close later this year – will be the third credit union acquisition of a bank so far in 2018.
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. breaking_news community-banking in dealmaking-strategy
BankThink
APRIL 26, 2019
The Indiana credit union agreed to pay $21.3 Community banking M&A Commercial lending Michigan Indianamillion in cash for New Bancorp, which was created when its savings bank converted to a stock-owned company in 2015.
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. breaking_news community-banking capital strategic-alternatives in dealmaking-strategy
American Banker
MARCH 11, 2016
Horizon Bancorp in Michigan City, Ind., has agreed to buy LaPorte Bancorp in LaPorte, Ind. breaking_news community-banking mi in m-a dealmaking-strategy
American Banker
SEPTEMBER 26, 2016
First Merchants Corp. in Muncie, Ind., has agreed to buy a minority stake in Independent Alliance Banks in Fort Wayne, Ind. breaking_news dealmaking-strategy capital strategic-alternatives in community-banking
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. breaking_news people succession-planning in community-banking
American Banker
DECEMBER 1, 2016
Horizon Bancorp in Michigan City, Ind., has restructured its balance sheet to improve its margins and financial returns. breaking_news dealmaking-strategy capital strategic-alternatives in community-banking
CU Insight
JUNE 18, 2019
Currently running in Minnesota , North Carolina, South Carolina and Michigan , the campaign is set to expand to North Dakota, South Dakota and Indiana. The post North and South Dakotas, Indiana to launch Open Your Eyes to a CU in July appeared first on CUInsight.
BankThink
JANUARY 16, 2019
He will be succeeded by Jim Ryan, the Indiana company's chief financial officer. Community banking Succession planning Growth strategies IndianaBob Jones will retire in early May.
American Banker
JULY 12, 2016
Horizon Bancorp in Michigan City, Ind., has agreed to buy CNB Bancorp in Attica, Ind. community-banking breaking_news in dealmaking-strategy
BankThink
OCTOBER 10, 2018
First Merchants in Indiana would pass $10 billion in assets by acquiring MBT Financial in Michigan. Strategic buyers Integrations Community banking Indiana Michigan
Deposit Accounts
MAY 31, 2017
Offers & Promotions Indiana Members Credit Union Credit Union Information Page | Receive Alerts for this Credit Union. Indiana Members CUs 84-month CD Earns 2.53% APY POSTED ON WEDNESDAY, MAY 31, 2017 BY Ken Tumin Deal Summary: 84-Month CD, 2.53% APY, $1k minimum. Availability: Residents of 17 central Indiana counties and eight Indiana townships. Indiana Members Credit Union’s (Indiana Members) 84-month CD is currently earning 2.53% APY. | About Us.
BankThink
FEBRUARY 2, 2017
United continues to extend a far-flung operation that includes branches in Chicago, Denver and Florida. Integrations M&A Branch network
BankThink
JUNE 14, 2017
The Indiana company will pay $92 million for Wolverine Bancorp. Community banking M&A Capital Indiana Michigan
BankThink
JULY 26, 2017
First Financial in Ohio is buying MainSource in Indiana — with a twist. Community banking M&A Capital Growth strategies Indiana OhioMainSource's leader will become CEO.
Keith Leggett's Credit Union Watch
APRIL 7, 2015
Elements Financial, formerly Eli Lilly Federal Credit Union, was announced as the official title sponsor of the Blue Ribbon Pavilion on the Indiana State Fairgrounds. The sponsorship is for five-years. However, the cost of the sponsorship was not disclosed for the 70,575 square foot building. Read the story. Branding Naming Rights Sponsorships
BankThink
SEPTEMBER 15, 2017
The Indiana company could also use proceeds from the planned stock sale to pay off debt. Capital Strategic plans Community banking Indiana
BankThink
JUNE 14, 2018
The Indiana bank would add nearly $100 million in deposits with its purchase of FM Bancorp. Community banking M&A Capital Indiana Illinois
BankThink
MAY 23, 2018
The Indiana company agreed to pay $101 million for the $586 million-asset First Security. Community banking M&A Capital Growth strategies Kentucky Indiana
BankThink
JANUARY 8, 2019
Community banking M&A Capital Indiana KentuckyThe $128 million acquisition will provide First Financial with its first branches in Kentucky and Tennessee.
BankThink
SEPTEMBER 26, 2017
The Indiana company's board knew what it wanted from a potential buyer, and that helped it as it negotiated one of this year's biggest bank deals. Community banking M&A Succession planning Growth strategies Ohio Indiana
BankThink
APRIL 23, 2018
The Indiana bank plans to sell 10 branches to a credit union. Community banking Branch management Branch network M&A Credit unions Indiana WisconsinIt will also shut down several more locations.
BankThink
AUGUST 20, 2018
Community banking M&A Capital Growth strategies Ohio IndianaFarmers & Merchants will pay $89 million for the parent of Bank of Geneva.
CU Insight
OCTOBER 17, 2018
Paula Awe, a former assistant manager of an Indiana credit union who ran a check-kiting scheme along with her manager, was sentenced last week to 18 months in prison. The post Former Indiana CU assistant manager sentenced for bank fraud appeared first on CUInsight. District Court Judge Jon E. DeGulio in Hammond, Ind., also ordered Awe to pay $180,000 restitution and to serve two years of supervised release following her prison sentence. She pleaded guilty to bank fraud in February.
BankThink
JUNE 21, 2018
Community banking M&A Capital Growth strategies Indiana MinnesotaOld National will have the fifth-biggest deposit market share in the city when it completes the $434 million acquisition.
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