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ABOUT US

Built on a foundation of personal service, local connections, trusting relationships, and a commitment to the communities we serve.

Night time view of downtown South Bend from the river; the 1st Source Bank main office is visible.
Night time view of downtown South Bend from the river; the 1st Source Bank main office is visible.

160 Years of Excellence and Success

Founded in 1863 in South Bend, IN, 1st Source Bank has always offered clients a convenient, secure, and personal banking experience. Our mission is to help our clients achieve security, build wealth, and realize their dreams.

1st Source has become the largest locally controlled financial institution headquartered in the northern Indiana-southwestern Michigan area with nearly $8 billion in assets and more than 1100 employees.

We have banking centers in 19 different counties, several Trust and Wealth Advisory Service locations, and 1st Source Insurance offices throughout the region. We have also become a leading financier of specialty groups such as aircraft, long haul trucks, step vans, and much more. Our Specialty Finance Group has locations across the nation.

At 1st Source Bank, we believe strongly that our success is driven by the success of our communities.

Awards & Recognition

  • National
  • Regional
  • Forbes Best In State Bank (2022)

    We ranked #3 in Indiana, among only 2.7% of all banks nationwide that received the highest satisfaction scores and most recommendations by survey respondents.

  • KBW Bank Honor Roll (2019-2021)

    Among the list of banking institutions with more than $500 million in total assets to have reported 10 consecutive years of increases in annual earnings per share.

  • Forbes America’s Best Midsize Employer (2021-2022)

    One of 500 companies with over 1,000 employees that received the most recommendations by survey respondents.

  • Forbes America’s Best Employer for Diversity (2021)

    One of 500 companies with over 1,000 employees that received the most recommendations by survey respondents

  • Forbes America’s Best Employers for Veterans (2020-2021)

    We are one of only two organizations ranked who are headquartered in Indiana.

  • Monitor 100 (2021)

    Our Specialty Finance Group ranked #38 of 100 equipment financing and leasing companies in the U.S.

  • Monitor Magazine (2021)

    We are named as one of the Top Bank Finance/Leasing Companies in the U.S.

  • BauerFinancial 5 Star “Superior” Rating

    The highest rating possible. Based on capital ratio, profitability/loss trend, credit quality and CRA ratings.

  • SBA Community Lender Gold Level Award (2013-2022)

    We have been honored as the top SBA Lender in Indiana, of banks with less than $10 billion in assets, for 10 years running.

  • Indiana SBA “Rural Lender of the Year” (2019)

    We were the inaugural winner of this award, which honored us for delivering the greatest number of loans in rural areas of the state.

  • Forbes Best In State Bank

    In 2022, we ranked #3 in Indiana, among only 2.7% of all banks nationwide that received the highest satisfaction score and more recommendations by survey respondents.

  • KBW Bank Honor Roll

    For four years, we’ve been among the list of banking institutions with more than $500 million in total assets to have reported 10 consecutive years of increases in annual earnings per share.

  • Monitor 100

    In 2021, Our Specialty Finance Group ranked #38 of 100 equipment financing and leasing companies in the U.S.

  • Forbes America’s Best Midsize Employer

    In 2021 and 2022, we’ve ranked as one of 500 companies with over 1,000 employees that received the most recommendations by survey respondents.

  • BauerFinancial 5 Star “Superior” Rating

    The highest rating possible. Based on capital ratio, profitability/loss trend, credit quality and CRA ratings

Commitment to Community

Your Communities are Our Communities

We are committed to the communities we serve throughout northern Indiana and southwest Michigan. Our people live in those communities. They understand and share the local values. You can get to know our bankers personally and build trusting relationships with them.

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Career Opportunities

We Invest in our People

Join a culture where family and work-life balance are top priorities.

Work where you feel appreciated, and your professional development is valued.

Learn More
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News and Announcements

  • Press Release · Jul 18th, 2022 1st Source Recognized as Top Small Business Lender
  • Press Release · Feb 14th, 2022 Forbes Names 1st Source Bank One of America's Best Midsize Employers
  • Investor Relations · Nov 30th, 2021 Two 1st Source Corporation Board Members Receive Recognition as the Most Influential Black Corporate Directors of 2021 by Savoy Magazine
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