South Bend, IN – 1st Source announces the promotion of Greg M. Holst to President of the Aircraft Financing Division in the 1st Source Specialty Finance Group. In this role, Holst will be responsible for all aspects of the Division’s aviation banking services, both domestic and international.
Holst is a 32 year veteran of business aviation lending. Since joining 1st Source in 1992 he has provided a wide range of financial services to clients and has overseen an aviation portfolio that has quintupled in size. Prior to 1st Source he held management positions with Cessna Finance Corporation, Chase Manhattan Bank, Textron Finance Corp and Xerox Credit Corporation.
Holst is a graduate of Embry Riddle Aeronautical University. He holds a Private Pilot license and is active on the Board of the National Aircraft Finance Association.
1st Source Corporation, parent company of 1st Source Bank, has assets of $4.45 billion and is the largest locally controlled financial institution headquartered in the northern Indiana-southwestern Michigan area. The Corporation includes over 75 banking centers, 22 1st Source Bank Specialty Finance Group locations nationwide, seven Trust and Wealth Management locations and seven 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