1st Source Company Description
Need a bank? Don't give it a 2nd thought. Contact 1st Source Corporation, parent of 1st Source Bank, which provides commercial and consumer banking services through some 75 branches in 17 northern Indiana and southwestern Michigan counties. The bank's specialty finance group provides financing for aircraft, automobile fleets, trucks, and construction and environmental equipment through nearly 25 offices nationwide; such loans account for approximately half of 1st Source's portfolio. Subsidiaries offer insurance, mortgage banking, and investment advisory services. The bank acquired the family-owned First National Bank, Valparaiso for $135 million in 2008.
View the Comprehensive Company Description for 1st Source
The Company Description provides a historical perspective of 1st Source's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of 1st Source's evolution in the marketplace.
