1st Source Bank

Women in Business Archive

 Women in Business Archive
 
 
The Ernestine M. Raclin Community Leadership Award is awarded yearly to honor and encourage leadership in volunteerism through the businesses in our communities. Mrs. Raclin is the past chairman of 1st Source Bank and 1st Source Corporation.
 
1st Source supports efforts to address women’s issues, from personal finances to education, from business banking to health. 1st Source Bank co-sponsored an event that raised funds for Memorial Hospital of South Bend’s outreach effort called African American Women in Touch. The monies raised will be used to provide free mammograms to women.
 
As a part of the Women's Entrepreneurship Initiative, a project of St. Mary’s demystified the SBA process and taught attendees how the loan program could help with their business initiatives. 1st Source is an SBA lending leader.
 
Tips were provided and questions were answered at the 1st Source Bank Women's Link Luncheon at Sand Creek Country Club in Chesterton-Portage, Indiana area in May 2011. A panel of female speakers provided their expertise to women in business on topics such as succession planning, Small Business Administration (SBA) loans, investments, accounting, legal aspects and "branding yourself." Each visitor received the book entitled The Chic Entrepreneur: Put Your Business in Higher Heels, by Elizabeth W. Gordon.    
 
The Northern Indiana Minority and Women's Business Enterprises Spring Resource Fair and Workshop was held at St. Mary's College, Notre Dame, Indiana, in March 2011. 1st Source Bank participated in the event, which is described as part trade show and part workshop. It was organized by the Indiana Department of Administration's Minority and Women's Business Enterprises Division.
 
1st Source is partnering with Byers Consulting Group to develop a comprehensive loan program to assist minority and women-owned businesses in Michiana. The goal is to expand these businesses while creating new jobs and revitalizing and stabilizing our community.
 
We commend Karen Barnett, President and CEO of Valley Screen Process, Inc., and her team for being selected as Small Business of the Year by the St. Joseph County Chamber of Commerce. 1st Source Bank was a sponsor of the Salute to Business event where the company was recognized.
 
The bankers at 1st Source are involved with their local communities through a variety of organizations that offer support to women, personally and professionally, including: Delta Theta Tau Sorority, a national women's organization dedicated to the advancement of philanthropy and charity; Women Business Owners of Michiana, focused on service to each member's business through networking, referrals, and promotion, along with learning and development; and the Women's Business Center at Cornerstone Alliance, Benton Harbor, Michigan, provides assistance, counseling, and training on business issues to women and others from diverse backgrounds. 
 
The Community Hospital of Bremen was presented a $25,000 donation from 1st Source toward the hospital's recent digital mammography upgrade.