News

1st Source Bank Announces New Roles for Conroy, Deranek and Zeltwanger

01/25/2013
South Bend, IN – 1st Source Bank announces new roles for Danny Conroy, Steve Deranek and Ron Zeltwanger.
 
Ron Zeltwanger is the bank’s new Manager of Central Region Banking Centers and is responsible for 23 banking centers in the South Bend, Niles and Dowagiac area. Zeltwanger joined the bank in 2001 and has served as Regional President in the bank’s Community Region which includes Marshall, Fulton, Pulaski and Starke Counties. Most recently Zeltwanger was the bank’s Continuous Improvement Leader.
 
Zeltwanger received an MBA from the University of Notre Dame and a B.S. degree from Purdue University. He also attended the Wisconsin Graduate School of Banking. Zeltwanger serves on the board of the Marshall County Community Foundation and is a member of its scholarship committee.
 
Danny Conroy is the bank’s new Continuous Improvement Leader and will oversee the bank’s efforts to improve effectiveness and maximize efficiencies. Conroy has been with the bank for nearly seven years, most recently as Regional Sales Manager in the bank’s Community Region.
 
Conroy graduated from the IU Kelley School of Business with a degree in Business Economics and Public Policy. He is a graduate of the St. Joseph County Chamber of Commerce’s Leadership program.
 
Steve Deranek, Regional Sales Manager for the bank’s East Region in Elkhart and Kosciusko counties, will take on additional responsibilities as the Sales Manager for the bank’s Community Region. Deranek started at 1st Source in 1985 and has extensive experience in retail and private banking.   Deranek is a graduate of Indiana University South Bend. He serves on the board of directors of Bashor Children’s Home and is a member and past president of the Goshen Noon Kiwanis.
 
1st Source Corporation, parent company of 1st Source Bank, has assets of $4.55 billion and is the largest locally controlled financial institution headquartered in the northern Indiana-southwestern Michigan area. The Corporation includes 76 banking centers in 17 counties, 22 1st Source Bank Specialty Finance Group locations nationwide, nine Trust and Wealth Management locations and nine 1st Source Insurance offices.
 
1st Source common stock is traded on the NASDAQ Global Select Market under “SRCE” and appears in the National Market System tables in many daily newspapers under the code name “1st Src.” Since 1863, 1st Source has been committed to the success of the communities it serves.  For more information, visit www.1stsource.com
 
Media contact: Angie Dvorak, (574) 235-2000
 
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