1st Source Celebrates Grand Opening of Cascada Banking Center

Lafayette, IN – 1st Source Bank celebrated the official opening of its new banking center in the Cascada Business Park on Tuesday with a grand opening and ribbon cutting ceremony. Clients and members of the community experienced the many conveniences offered at the new location including side-by-side banking, where traditional teller walls are replaced with a more personal and connected banking experience.
Participating in the ribbon cutting were Lafayette Mayor Tony Roswarski, Joe Seaman from Greater Lafayette Commerce, Chris Murphy, 1st Source Chairman and CEO, Jim Seitz, 1st Source President, Bob Ax, 1st Source Regional President, Brent Mithoefer, 1st Source Lafayette City President, Deb McCormick, Banking Center Manager and Tara Daniel, Assistant Banking Center Manager.


1st Source also presented a $10,000 donation to YWCA Greater Lafayette for its historic Oppenheimer House.


“With 1st Source celebrating its 150th anniversary, a donation to YWCA Greater Lafayette, another longstanding organization, seemed fitting,” said Brent Mithoefer, 1st Source Lafayette City President. “We’re pleased to make this donation and celebrate our growth in Lafayette.”


The 1st Source Cascada Banking Center is the bank’s second office in Lafayette, in addition to a separate drive-up located near the downtown banking center. The new banking center features a coffee station, customer service center with a fax machine, Internet connected computer, children’s play area and a drive-thru. Plus, side-by-side banking allows the client to see exactly what the teller sees during their transaction. 


“Clients have really enjoyed the many conveniences at the new banking center,” said Deb McCormick, Banking Center Manager. “We’re excited to expand our presence in Lafayette and look forward to being a part of the community for many years to come.”


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


Photograph courtesy of Ed Lausch Photography (left to right): Tara Daniel, Bob Ax, Jim Seitz, Brent Mithoefer, Deb McCormick, Chris Murphy, Mayor Tony Roswarski and Joe Seaman.

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