South Bend, IN – 1st Source Bank has been recognized by the Small Business Administration for closing more SBA loans in the state of Indiana than any other mid-size bank.
Gail Gesell, District Director of the Indiana Small Business Administration presented the award to Carrie Kosac, SBA Manager at 1st Source Bank at the SBA’s Annual Meeting in November.
1st Source has been consistently recognized by the SBA in recent years for assisting local businesses obtain SBA loans. Last year the bank was the top provider of the Patriot Express Loan for veterans and members of the military in the state. In 2012, the bank also ranked #1 in the number of SBA 7(a) loans closed for the SBA’s Northwest Region in Indiana. The 2012 ranking marks the seventh year in a row that 1st Source has been ranked the #1 SBA lender in our area.
“1st Source is excited to once again be recognized as a top SBA lender in Indiana,” said Joe Kuzmitz, Senior Vice President of 1st Source Business Banking. “Thanks to our status as a preferred SBA lender, we’ve been able to quickly process SBA loan requests for area businesses and help them create and retain jobs in our community.”
1st Source Corporation, parent company of 1st Source Bank, has assets of $4.49 billion and is the largest locally controlled financial institution headquartered in the northern Indiana-southwestern Michigan area. The Corporation includes 75 banking centers in 17 counties, 23 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