1st Source Corporation
About
Founded in 1863 in South Bend, IN, 1st Source Bank has established itself as a pillar of excellence and success over its impressive 160-year history. With a strong emphasis on personalized service, local connections, and building trusting relationships, the bank has garnered a reputation for providing its clients with a secure and convenient banking experience like no other.
With nearly $8 billion in assets and a workforce of over 1100 employees, 1st Source has become the largest locally controlled financial institution in the northern Indiana-southwestern Michigan area. Catering to a wide range of financial needs, the bank operates banking centers in 19 different counties, Trust, and Wealth Advisory Service locations, as well as 1st Source Insurance offices across the region.
Additionally, 1st Source is a leading financier of specialty groups such as aircraft, long-haul trucks, step vans, and construction equipment, with locations of its Specialty Finance Group scattered across the nation. 1st Source Bank takes great pride in its commitment to the community, believing that their success is intricately tied to the prosperity of the communities they serve.
This ethos of community support and involvement is reflected in the numerous awards and recognition the bank has received over the years. 1st Source Bank has been consistently recognized on both national and regional levels for its excellence in banking services.
From being named America's Best Bank in 2024 to ranking #4 in Indiana for Forbes Best In State Bank for three consecutive years, the bank has continuously received accolades for its customer satisfaction and industry-leading practices. With a focus on fostering a culture of integrity, teamwork, and community leadership, 1st Source Bank is an organization where employees take pride in their work every day.
The bank invests in its people, prioritizing work-life balance, and providing opportunities for professional development. The commitment to community is a core value at 1st Source Bank. The bank remains dedicated to supporting the communities it serves in northern Indiana and southwest Michigan, with employees who live and share the local values.
Building trusting relationships with clients is a cornerstone of the bank's approach, allowing individuals to connect personally with their bankers. For those looking to embark on a career with 1st Source Bank, the organization offers a supportive and inclusive environment where employees are valued, appreciated, and encouraged to grow professionally.
Join a team where family and work-life balance are top priorities, and where individuals can make a meaningful impact within their communities. 1st Source Bank continues to set a high standard of excellence in the banking industry, providing exceptional service, supporting local communities, and prioritizing the well-being of its employees.
With a rich history of success and a commitment to the future, 1st Source Bank remains a trusted financial partner for individuals and businesses alike.
Growth
1st Source is an established financial institution with a strong presence in northern Indiana and southwest Michigan. The company has evolved from a local neighborhood bank to a regional player, catering to a diverse range of personal and business banking needs. With a focus on community service and customer relationships, 1st Source has solidified its position as a trusted financial partner in the region.
Achievements
1st Source has achieved significant milestones in its history, including steady revenue growth, expansion of its customer base, and market penetration in the northern Indiana and southwest Michigan regions. The company has consistently launched new products and services to meet the evolving needs of its clientele, such as checking and savings accounts, credit cards, home loans, and wealth management solutions. Additionally, 1st Source has received positive feedback and testimonials from satisfied customers, showcasing its dedication to providing top-notch financial services.
Case Studies
1st Source has been involved in several notable projects and initiatives that have had a significant impact on the community. For example, the company's involvement in providing home loans and financial education programs has helped numerous individuals and families achieve their homeownership dreams. Furthermore, 1st Source's support for local businesses through tailored banking solutions has fostered economic growth and sustainability in the region.
Key Events
Key events in 1st Source's history include product launches such as new credit card offerings and investment products, strategic partnerships with community organizations to promote financial literacy, acquisitions of smaller financial institutions to expand its market reach, successful funding rounds to support continued growth and innovation, and prestigious awards for excellence in customer service and community engagement. These events reflect 1st Source's commitment to ongoing development and success in the financial services industry.
Socials
Website
Founded
-
Operating Status
Active
Industry
Regional Banks & Thrifts
headquarters
Address
Country
United States
Employees
1200
Key People
Revenue
285.6 M
Operating Income
Stock Price
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Scale your team as business needs evolve, from initial project setup to long-term support.
4. Accelerated Timelines:
Leverage 24/7 global teams to reduce project delays and speed up implementation.
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Ensure uninterrupted business performance with ongoing maintenance and updates.
Unlock Business Success with a VDC By establishing a VDC, your company can overcome operational challenges, achieve seamless system integration, and maximize ROI. Stay ahead in today’s dynamic market with a future-ready business strategy powered by a Virtual Delivery Center. Learn More About Us
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1st Source Corporation
-
Website
-
Founded
-
-
Industry
Regional Banks & Thrifts
-
Country
United States
-
Number of employees
1200+
-
Revenue
285.6 M
About 1st Source Corporation
Founded in 1863 in South Bend, IN, 1st Source Bank has established itself as a pillar of excellence and success over its impressive 160-year history. With a strong emphasis on personalized service, local connections, and building trusting relationships, the bank has garnered a reputation for providing its clients with a secure and convenient banking experience like no other.
With nearly $8 billion in assets and a workforce of over 1100 employees, 1st Source has become the largest locally controlled financial institution in the northern Indiana-southwestern Michigan area. Catering to a wide range of financial needs, the bank operates banking centers in 19 different counties, Trust, and Wealth Advisory Service locations, as well as 1st Source Insurance offices across the region.
Additionally, 1st Source is a leading financier of specialty groups such as aircraft, long-haul trucks, step vans, and construction equipment, with locations of its Specialty Finance Group scattered across the nation. 1st Source Bank takes great pride in its commitment to the community, believing that their success is intricately tied to the prosperity of the communities they serve.
This ethos of community support and involvement is reflected in the numerous awards and recognition the bank has received over the years. 1st Source Bank has been consistently recognized on both national and regional levels for its excellence in banking services.
From being named America's Best Bank in 2024 to ranking #4 in Indiana for Forbes Best In State Bank for three consecutive years, the bank has continuously received accolades for its customer satisfaction and industry-leading practices. With a focus on fostering a culture of integrity, teamwork, and community leadership, 1st Source Bank is an organization where employees take pride in their work every day.
The bank invests in its people, prioritizing work-life balance, and providing opportunities for professional development. The commitment to community is a core value at 1st Source Bank. The bank remains dedicated to supporting the communities it serves in northern Indiana and southwest Michigan, with employees who live and share the local values.
Building trusting relationships with clients is a cornerstone of the bank's approach, allowing individuals to connect personally with their bankers. For those looking to embark on a career with 1st Source Bank, the organization offers a supportive and inclusive environment where employees are valued, appreciated, and encouraged to grow professionally.
Join a team where family and work-life balance are top priorities, and where individuals can make a meaningful impact within their communities. 1st Source Bank continues to set a high standard of excellence in the banking industry, providing exceptional service, supporting local communities, and prioritizing the well-being of its employees.
With a rich history of success and a commitment to the future, 1st Source Bank remains a trusted financial partner for individuals and businesses alike.
Why Setting Up a Virtual Delivery Center (VDC) Is Critical for Your Company’s Success
Achieving business success in today’s competitive landscape requires specialized expertise, seamless operations, and continuous innovation. Establishing a Virtual Delivery Center (VDC) can transform your company’s growth journey by ensuring efficiency, scalability, and long-term value.
Why Choose a VDC for Your Company?
1. Cost Optimization:
Save up to 70% on operational costs by leveraging remote teams and streamlined processes.
2. Expert Access:
Gain instant access to highly skilled professionals, ensuring faster and smoother project execution.
3. Scalable Teams:
Scale your team as business needs evolve, from initial project setup to long-term support.
4. Accelerated Timelines:
Leverage 24/7 global teams to reduce project delays and speed up implementation.
5. Continuous Support:
Ensure uninterrupted business performance with ongoing maintenance and updates.
Unlock Business Success with a VDC By establishing a VDC, your company can overcome operational challenges, achieve seamless system integration, and maximize ROI. Stay ahead in today’s dynamic market with a future-ready business strategy powered by a Virtual Delivery Center. Learn More About Us
Book A Meeting To Setup Your VDC
