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Horizon Banks Healthcare Savings Accounts FAQs


Horizon-Banks-Healthcare-Savings-Accounts-FAQs-2018If you have a health insurance plan with a high deductible, you may want to set up a Healthcare Savings Account (HSA) to complement it. Not sure if it’s a fit for you? Here’s an overview to help you decide.

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Michael L. Suggs Speaks at Horizon Bank’s Diversity Business Council Meeting

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Horizon Bank’s Diversity Business Council members attended a meeting at their corporate headquarters to discuss diversity and inclusion initiatives.

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Horizon Bank Partners with Federal Home Loan Bank of Indianapolis to Provide Affordable Housing Grants


Horizon-Bank-Partners-with-Federal-Home-Loan-Bank-of-Indianapolis-to-Provide-Affordable-Housing-GrantsHorizon Bank announces a partnership with Federal Home Loan Bank of Indianapolis, which offers affordable housing initiatives. The Homeownership Opportunities Program (HOP), the Neighborhood Impact Program (NIP), and the Accessibility Modifications Program (AMP) are designed to provide affordable housing, home repairs and modifications as well as accessibility modifications.

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1st Source Announces New Banking Center on IUSB Campus


rot31st Source Bank announces the grand opening of a new banking center on the campus of Indiana University South Bend on August 6, 2018. Conveniently located in the University’s Administration Building, it will offer a wide range of personal banking products and services, including no monthly fee e-Student checking accounts for students and Easy Banking Checking accounts for faculty and staff. As its third branch set in the heart of a university, this expansion underscores the Bank’s confidence that it has the knowledge, capabilities, and commitment to serve the unique needs of the IUSB community.

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1st Source Corporation Reports Record Second Quarter Results, Increased Cash Dividend Declared


rot31st Source Corporation (NASDAQ: SRCE), parent company of 1st Source Bank, today reported a record high net income of $21.96 million for the second quarter of 2018, an improvement of 31.77% compared to $16.67 million reported in the second quarter a year ago, bringing the 2018 year-to-date net income to $41.08 million compared to $32.88 million in 2017, an increase of 24.96%. Income before taxes was $27.50 million compared to $26.15 million in the second quarter of 2017 and $52.49 million for the first six months of 2018 compared to $51.07 million for the same period in 2017.

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Forbes Names 1st Source ‘Top-Ranked Bank Headquartered in Indiana


rot3Forbes partnered with market research firm Statista to produce their first-ever survey to review the best-in-state banks and credit unions. Results showed that 1st Source Bank is the top-ranked bank headquartered in Indiana. The survey included opinions from 25,000 U.S. respondents across the United States. Banks and credit unions were rated on overall recommendations and satisfaction, as well as five subdimensions: trust, terms and conditions, branch services, digital services, and financial advice.

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Horizon Bancorp Announces Record Quarterly Earnings in 2018

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Horizon Bancorp (“Horizon” or the “Company”) today announced its unaudited financial results for the three-month period ended March 31, 2018.

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Record Quarterly Earnings at 1st Source Corporation, Company Grows to Over $6 Billion, Increase in Cash Dividend


rot31st Source Corporation (NASDAQ: SRCE), parent company of 1st Source Bank, today reported a record high net income of $19.12 million for the first quarter of 2018, an improvement of 17.96% compared to $16.21 million reported in the first quarter a year ago. Income before taxes was $25.00 million compared to $24.92 million in the first quarter of 2017. The pretax income comparison was positively impacted by increased net interest income of $6.81 million primarily due to rising lending rates, higher average loan and lease balances and the recognition of a $0.62 million unaccreted purchase discount from an early loan payoff. These positives were offset by a $2.79 million increase in the provision for loan and lease losses to support loan and lease growth and a $4.44 million rise in noninterest expense. Non-recurring first quarter 2018 costs were approximately...

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Decrypting the Cryptocurrency: Making Sense of Bitcoin

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Bitcoin. That simple word has caused quite a stir recently, leading to many to ask the question: What is it?

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1st Source Bank Is Now Hiring in La Porte and Porter Counties


1st-Source-Bank-Is-Now-Hiring-in-LaPorte-and-Porter-CountiesAt 1st Source Bank, we hire the best talent. If you are ambitious and want to work for a bank that has integrity and exceptional client service, join our team!

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1st Source Corporation Responds to Tax Act and Record Performance


1st-Source-Bank-Logo-20181st Source Corporation (NASDAQ: SRCE), parent company of 1st Source Bank, announces important investments in its people as a result of record performance in 2017 and new tax legislation opportunities. These new investments include the following:

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