1st Source Bank Breaks Ground in Lafayette's Cascada Business Park

Lafayette, IN – 1st Source Bank has broken ground on a new banking center in the Cascada Business Park at 3944 McCarty Lane in Lafayette.
A groundbreaking ceremony was held on August 26 to celebrate the start of construction and was attended by Lafayette Mayor Tony Roswarski and officials from 1st Source including Jim Seitz, President; Bob Ax, Regional President; Brent Mithoefer, Lafayette City President and Deb McCormick, who will manage the new banking center.
“We’re excited to strengthen 1st Source’s presence in Lafayette,” said Brent Mithoefer, 1st Source Lafayette City President. “With this year being 1st Source’s 150th anniversary it’s the perfect opportunity to celebrate a new location and the greater convenience it will offer to our clients.”
The new banking center will feature side-by-side banking, in which the traditional teller walls are removed to allow clients to see exactly what the teller sees during their transaction. The banking center will also feature a coffee station, customer service center with a fax machine, shredder, internet-connected computer, a children’s play area and a drive-thru.
The 1st Source Lafayette Cascada Banking Center will be the bank’s second office in Lafayette, in addition to a separate drive-up located near the downtown banking center. The new banking center is expected to open by mid-December.
1st Source Corporation, parent company of 1st Source Bank, has assets of $4.64 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.” For 150 years, 1st Source has been committed to the success of the communities it serves. For more information, visit www.1stsource.com.

Photographed (left to right): Randy Crozier, 1st Source Mortgage Loan Originator; Alberta Barker, 1st Source Trust Administrator; Tim Vander Plaats, 1st Source Business Banker; Adam Henson, 1st Source Private Banker; Jim Seitz, 1st Source President; Tony Roswarski, Mayor of Lafayette; Brent Mithoefer, 1st Source Lafayette City President; Bob Ax, 1st Source Regional President; Deb McCormick, 1st Source Client Services Specialist; Larry Bauer, 1st Source Manager of Business and Consumer Marketing and Bonnie Hobbs, 1st Source Lafayette Downtown Banking Center Manager.

Media contact: Angie Dvorak, (574) 235-2000