62 Indiana credit union agrees to buy community bank
BankThink
AUGUST 14, 2019
Indiana Members Credit Union will pay cash for Commerce Bank. Community banking M&A Credit unions Indiana
Indiana Related Topics 
Northwest Bancshares entering Indiana with latest bank acquisition
BankThink
OCTOBER 29, 2019
Community banking Activist Investors M&A Growth strategies Capital Indiana PennsylvaniaThe Pennsylvania company will pay $346 million for MutualFirst Financial.
Indiana Members CU to Acquire Commerce Bank
Keith Leggett's Credit Union Watch
AUGUST 14, 2019
Indiana Members Credit Union (Indianapolis, IN) and First Light Bancorp, Inc. Evansville, IN), the holding company of Commerce Bank, announced today that they have signed a definitive purchase and assumption agreement whereby Indiana Members CU will acquire the assets and assume the liabilities of Commerce Bank in an all cash transaction. Indiana Members CU has over $2 billion in assets.
Jewel-Osco Scoops Up Indiana Strack & Van Til Stores
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.
Mortgage lender to buy small bank in Indiana
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.
M&A opportunities are plentiful for Horizon Bancorp in Indiana
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.
Indiana mutual to raise $22M from second-step conversion
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.
MutualFirst to expand in southern Indiana with latest deal
BankThink
OCTOBER 5, 2017
Community banking M&A Growth strategies IndianaThe company will pay $66 million for the parent of BloomBank.
Online Bank Tops List of Midsize Businesses in Indiana
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
First Merchants to buy Independent Alliance in Indiana for $251M
BankThink
FEBRUARY 17, 2017
M&A Integrations Growth strategies IndianaThe deal comes months after First Merchants bought a minority stake in Independent Alliance.
NCUA Chairman Rodney Hood visits Indiana League
CU Insight
JULY 31, 2019
NCUA Chairman Rodney Hood was at the Indiana Credit Union League office Monday to visit with several members of the League board of directors, members of its Governmental Affairs Committee and senior management.
Merchants in Indiana to buy warehouse lender
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
2016 National Politics. Indiana!
Jim Blaine
MAY 4, 2016
MAY THE FOURTH BE WITH YOU! APPEARS THE GOP HAS GONE OVER TO. THE DARTH SIDE!
Another former mutual agrees to sell to credit union
BankThink
AUGUST 1, 2019
3Rivers Federal Credit Union in Indiana will pay about $38 million for West End Bank. M&A Consolidations Mutual banks Integrations Indiana
Lizton Financial to Buy Indiana Business Bancorp
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
First Merchants settles with Justice Department over mortgage practices
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
German American boosts commitment to Ky. with Citizens First acquisition
BankThink
FEBRUARY 22, 2019
The Indiana company will pay $68 million for Citizens First. M&A Community banking Growth strategies Indiana Kentucky
Unusual Transaction Could Pay Off Big for Indiana Bank
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
Indiana University fund backs emerging anti-fraud tech vendor
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
Indiana credit union set to buy Louisville bank
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.
First Financial in Indiana Sells Insurance Business
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
First Internet in Indiana Seeking $25M Raise from Stock Offering
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
Horizon in Indiana to Buy LaPorte Bancorp
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
NorthWest Indiana Names CEO's Son His Successor
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
First Merchants to Buy Minority Stake in Indiana Bank
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
KeyCorp discloses $90M exposure from suspected fraud
BankThink
JULY 16, 2019
Regional banks Fraud detection Fraud liability KeyCorp Ohio IndianaThe Cleveland regional said the matter is tied to a commercial client and that law enforcement is investigating it.
North and South Dakotas, Indiana to launch Open Your Eyes to a CU in July
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.
Horizon Bancorp in Indiana Restructures Balance Sheet to Repay Debt
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
First Internet to buy SBA platform from Colorado bank
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.
Indiana Members CU Sponsoring Pittsburgh Pirates Triple-A Baseball Club
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.
Teachers Credit Union to buy Michigan thrift
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.
Indiana Members CU's 84-month CD Earns 2.53% APY
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.
An online-only bank's bold plan for small-business lending
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.
Horizon Bancorp to Buy CNB Bancorp in Indiana
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
United Fidelity in Indiana buys Bank of St. Croix
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
Old National to have first new CEO since 2004
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.
A nearly $300 million M&A deal in Midwest
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
Horizon's latest acquisition to provide push into N. Michigan
BankThink
JUNE 14, 2017
The Indiana company will pay $92 million for Wolverine Bancorp. Community banking M&A Capital Indiana Michigan
Executive was key asset in Midwest's biggest merger
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.
Acquisitions possible after First Internet raises $45 million
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
Merchants Bancorp acquiring deposit-rich bank in Illinois
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
German American to enter three Ky. markets with First Security deal
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
Former Indiana CU assistant manager sentenced for bank fraud
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.
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