Spotlight on 1st Source Business Banker Jim Magera

With the average person changing jobs 11 times during their career it’s a nice change to talk to Jim Magera, 1st Source Vice President and Business Banker in Chesterton, who recently celebrated 30 years with 1st Source Bank.
Magera started at 1st Source in 1984 in consumer and small business lending. Throughout his career, he’s gained a wide range of experience, overseeing bank branches, starting the bank’s Small Business Division, and serving as Regional President in Chesterton. For the past 14 years, Magera has done what he does best; helping business clients in northern Porter County take care of their lending and banking needs. Magera’s experience with Small Business Administration (SBA) loans has been especially helpful to his clients.
Magera says it’s the bank’s family atmosphere that he’s enjoyed the most over the years. “Many of the people I started with at the bank in 1984 are still working here today. We’re a family. We rely on one another and have had a lot of great moments over the years,” he says.
Magera is also active in the community as a board member of the Portage Economic Development Corporation and as a member of the planning committee for the Entrepreneurial Excellence luncheon, hosted by the Northwest Indiana Small Business Development Center. By working on these initiatives and helping his business clients succeed, Magera has been able to make a positive impact on our community that will be felt for years to come.