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.

 

 

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

 

###