Press Release · Jan 23rd, 2026

1st Source Bank is pleased to announce that Todd Obren will become the first Regional President of the Bank’s Michigan Region, effective February 1, 2026. The Michigan Region was previously overseen by the Central Region’s President. Having a dedicated Michigan Regional President enables greater focus and local representation in this important growth market. Mr. Obren joined the Bank in 2021 and has more than 20 years of banking experience in Southwest Michigan. In his role as the Commercial Banking Manager, he led the Southwest Michigan business banking team, providing strategic growth strategies and growing businesses. He holds a bachelor’s degree in economics and management from Albion College and was twice recognized in Southwest Michigan’s “40 under 40” awards. Mr. Obren was also a Junior Achievement “Best and Brightest” finalist in finance and currently serves on the board of the Cornerstone Alliance.
“As the bank looks to strengthen our service in the Michigan market, Todd’s dedication to our mission has served him well in building a cohesive business banking team,” said Kevin Murphy, President of 1st Source Bank. “We are excited to see him expand that dedication to growing the entire region.”
1st Source Corporation, parent company of 1st Source Bank, has assets of $9.1 billion and is the largest locally controlled financial institution headquartered in the northern Indiana-southwestern Michigan area. The Corporation includes 78 banking centers, 16 1st Source Bank Specialty Finance Group locations nationwide, nine Trust and Wealth Advisory Services locations, 13 1st Source Insurance offices, and three loan production offices. For more than 160 years, 1st Source has been committed to our mission of helping our clients achieve security, build wealth and realize their dreams.