1st Source Bank Donates $25,000 to Project Neighbors

Valparaiso, IN – 1st Source Bank donated $25,000 to Project Neighbors in Valparaiso. Robert Ax, 1st Source Regional President, presented the donation to Project Neighbors board members Paul Schreiner and Lois Reiner in support of the non-profit organization’s newest project, Neighbors Place.
Project Neighbors will convert the former HealthLinc Community Health Center building in Valparaiso into Neighbors Place, which will provide affordable apartments for low-income women.
“This is a cause whose time has come,” said Ax. “1st Source is pleased to support this project. It will be a lasting legacy for the community.”
Project Neighbors provides affordable housing for low-income families. The organization also acts as a catalyst for educational and supportive programs that assist those in Porter County communities.
1st Source Corporation, parent company of 1st Source Bank, has assets of $4.65 billion and is the largest locally controlled financial institution headquartered in the northern Indiana-southwestern Michigan area. The Corporation includes 77 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

Photographed (left to right): Lois Reiner and Paul Schreiner, Project Neighbors; Bob Ax, 1st Source Bank; Deb Hickman, HealthLinc, Barb Young, Porter County Community Foundation, Ericka McCauley, HealthLinc.
Media contact: Melissa Collins, (574) 235-2000