1st Source Bank Donates $65,000 to Ancilla College
South Bend, IN – 1st Source Bank has donated $65,000 to
Ancilla College as an early-bird gift during the quiet phase of the college’s
upcoming comprehensive campaign. The funds will benefit the new student life
center and residence hall.
Jim Seitz, 1st Source President, and Connie Lemler, 1st
Source Regional President, presented the donation to Ancilla President Ken
Zirkle along with CFO Mike Brown and Todd Zeltwanger, Vice President of
Development.
“At 1st Source, we are enthusiastic about Ancilla’s
strategic growth initiative and their plans to improve the student experience,”
said Lemler. “We are pleased to contribute early to the campaign to demonstrate
our support for the project and our commitment to being a part of the Ancilla
community.”
Ancilla College’s new 100-bed residence hall and
150-capacity student life center/dining hall were completed in 2015 thanks in
part to financing provided by 1st Source Bank.
“Because 1st Source Bank took a chance on us, this college
is turning around,” Zirkle said. “Residence halls and a dining facility were
all it took to pull in students from farther afield. We know students want a
low-cost, private school option, but they needed a place to live while working
on that degree. Since the hall was completed, we’ve seen a 21 percent
enrollment growth.”
1st Source Corporation, parent
company of 1st Source Bank, has assets of $5.19 billion and is the largest
locally controlled financial institution headquartered in the northern
Indiana-southwestern Michigan area. The Corporation includes 81 banking
centers, 22 1st Source Bank Specialty Finance Group locations nationwide, eight
Trust and Wealth Management locations and ten 1st Source Insurance offices. For
more than 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:
Connie Lemler, Todd Zeltwanger, Mike Brown, Dr. Ken Zirkle and Jim Seitz.
Media Contact: Angie Dvorak, (574) 235-2000
###