Public (NASDAQ: SRCE and SRCEO) | |
Industry | Banking |
Founded | 1863 (as the First National Bank of South Bend) |
Headquarters | South Bend, Indiana, United States |
Key people
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num_employees = 1,350> |
Products | Banking |
Revenue | US$286 Million (FY 2009) |
US$19.1 Million (FY 2009) | |
Total assets | US$4.54 Billion (FY 2009) |
Total equity | US$570 Million (FY 2009) |
Website | www.1stsource.com |
Christopher J. Murphy III (CEO)
1st Source Corporation is a Great Lakes area bank, finance company, and insurance broker. It is located in South Bend, Indiana. It was founded in 1863 as the First National Bank of South Bend. 1st Source has assets of $4.82 billion. 1st Source stock is traded on NASDAQ under "SRCE."
1st Source has 79 bank branches in 17 counties in Indiana and Michigan, 21 specialty finance offices, nine locations specializing in trusts and private wealth management, and eight insurance offices.
In December 2014, 1st source bank opened two new branches and remodeled six other locations in Fort Wayne, Indiana at a cost of about $8 million. All eight of the banks locations in Fort Wayne do not use traditional teller windows in favor of "side-by-side" banking where tellers share their screens and workspace with clients.