South Bend, IN – 1st Source Bank will mark the 150th anniversary of its organization on September 5. To celebrate, the bank will begin hosting a series of birthday parties at all of its banking centers. The celebrations will be held between the anniversary of the bank’s organization on September 5 and the anniversary of its grand opening on November 30, 2013.
“We’re excited to celebrate our 150th anniversary with clients and friends in the community,” said Jim Seitz, 1st Source President. “We’ve been fortunate to serve our clients and be a part of the community since 1863 and we welcome this opportunity to host celebrations in all of our banking centers.”
1st Source, then known as the First National Bank of South Bend, was organized on September 5, 1863 when community leaders Judge Thomas Stanfield, Charles Culver, John Hendricks, Ethan Reynolds, John Reynolds and Ransom Hubbard joined together with a capital stock of $100,000 to form South Bend’s second bank.
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
Media contact: Angie Dvorak, (574) 235-2000