News Topic: Indiana

Paul Marsh resigned as president and CEO of the South Bend, Ind., credit union on Tuesday after 30 years there. An interim chief has been named and the board is searching for a permanent successor. ]] ... Read full article

Indiana Members CU will expand its reach later this year following completion of a proposed combination with Members Choice FCU. ... Read full article

Konstantina Baker has been appointed to lead the Fort Wayne, Ind.-based institution following the retirement of longtime CEO Gregory Troutner. ... Read full article

Randy Glassman spent 33 years in the industry and recently led his credit union through a merger into Financial Center First Credit Union. ... Read full article

The Indiana-based credit union increased its starting pay for the second time in two years as part of a push to boost compensation that began in 2017. ... Read full article

The combined institution will hold roughly $30 million in assets and serve about 4,000 members. ... Read full article

Cameron Minges will become president of the Indianapolis-based credit union effective Jan. 1. ... Read full article

With coronavirus cases on the rise, Hoosier Hills CU in Bedford, Ind., has chosen to temporarily restrict access to its facilities. Observers say other institutions are likely to follow suit eventually, whether they want to or not. ... Read full article

Michael Rechin will step down at the end of this year. The Indiana company tapped CFO Mark Hardwick as its next CEO, while Michael Stewart, its chief banking officer, will become president. ... Read full article

Crane Credit Union's deal for Our Community Bank comes two months after it agreed to acquire Community State Bank of Southwestern Indiana. ... Read full article

Heritage Trust Federal Credit Union will buy the bank's deposits and assume its liabilities. ... Read full article

Neil Dauby, the Indiana company's chief commercial banking officer, will have oversight of all operations, reporting directly to Chairman and CEO Mark Schroeder. ... Read full article

The credit union will pay an undisclosed amount for Community State Bank of Southwestern Indiana. ... Read full article

Even in the face of soft loan demand, banks in the region have held firm on terms. That should position them well for the next economic downturn. ... Read full article

David Becker, who founded First Internet Bank two decades ago, says traditional banks' digital-only ventures are only making his bank look more mainstream. ... Read full article

An Indiana bank is looking to complete the first outright purchase of a credit union since the financial crisis. Though hurdles exist, some industry observers say more such deals are doable. ... Read full article

First Bank of Berne has agreed to acquire Adams County Credit Union, flipping the script in a year in which 14 credit unions have announced deals to buy banks. ... Read full article

The Pennsylvania company will pay $346 million for MutualFirst Financial. ... Read full article