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ABOUT US

Built on a foundation of personal service, local connections, trusting relationships, and a commitment to the communities we serve.

Night time view of downtown South Bend from the river; the 1st Source Bank main office is visible.
Night time view of downtown South Bend from the river; the 1st Source Bank main office is visible.
  • 1st Source Foundation
  • Investor Relations

Excellence and Success since 1863

Since 1863, we've been providing our clients with convenient, secure, and personal banking. Our mission is to help you achieve security, build wealth, and realize your dreams. Keeping your best interests in mind for the long term, we offer straight talk and sound advice to the communities we serve.

1st Source has grown to be the largest locally controlled financial institution headquartered in the northern Indiana-southwestern Michigan area, with $8.9 billion in assets and more than 1200 employees. We have banking centers in 19 counties, as well as several Trust and Wealth Advisory Service locations and 1st Source Insurance offices throughout the region to support the growing needs of our clients. Our business banking services help local businesses grow. Additionally, our Specialty Finance Group continues to propel us to be a leading financier in specialty finance with offices across the nation serving specialty groups like aircraft, construction equipment, long haul trucks, fleets, and much more.

We believe so strongly in our mission that we offer financial education courses and aids at no charge to everyone regardless of being a client. This is through our dedicated 'You 1st' section on our website.

Awards & Recognition

  • National
  • Regional
  • America's Best Banks (2024-2025)

    Forbes America's Best Banks 2025 award logo

    Second highest ranking bank in the state of Indiana. Awarded #26 overall.

  • Forbes Best In State Bank (2022-2024)

    We ranked #4 in Indiana! List recognizes banks nationwide that received the highest satisfaction scores and most recommendations by survey respondents.

  • S&P Global Market Intelligence's Top 50 Community Banks
    S&P Global Market Intelligence's Top 50 Community Banks $3B-$10B

    Ranked 25th in S&P Global Market Intelligence’s Top 50 Community Banks $3B-$10B in assets.

  • Piper Sandler Sm-All Stars Class of 2023

    We were identified as one of 31 “top performing small-cap banks and thrifts in the country.”

  • Newsweek Greatest Workplaces for Parents & Families

    One of only 10 companies headquartered in Indiana to make the list.

  • KBW Bank Honor Roll (2019-2023)

    KBW, a Stifel Company emblem

    Among the list of banking institutions with more than $500 million in total assets to have reported 10 consecutive years of increases in annual earnings per share.

  • Forbes America’s Best Midsize Employer (2021-2023, 2025)

    Forbes America's Best Midsize Employer 2025 award logo

    One of 500 companies with over 1,000 employees that received the most recommendations by survey respondents.

  • Forbes America’s Best Employers for Diversity (2022)

    Forbes America’s Best Employers for Diversity award logo

    One of 500 companies with over 1,000 employees that received the most recommendations by survey respondents.

  • Monitor 100 (2024)

    2024 Monitor 100 Award Logo

    Our Specialty Finance Group ranked #35 of 100 equipment financing and leasing companies in the U.S.

  • Monitor Magazine (2024)
    Monitor Best Companies in Equipment Finance logo

    We are named as one of the Top Bank Finance/Leasing Companies in the U.S.

  • BauerFinancial 5 Star “Superior” Rating

    Bauer Financial's 5-star recommended bank award for 1st Source Bank, proudly serving Indiana and Michigan

    The highest rating possible. Based on capital ratio, profitability/loss trend, credit quality and CRA ratings.

  • Forbes America’s Best Employers for New Grads
    Forbes Best Employer for New Grads 2024 logo

    With core values like integrity, teamwork, and community leadership, our organization is a place where people are proud to work every day.

  • Forbes Best In State Bank

    In 2024, we ranked #4 in Indiana, among only 2.7% of all banks nationwide that received the highest satisfaction score and more recommendations by survey respondents.

  • Forbes America’s Best Midsize Employer

    From 2021 to 2023, and again in 2025, we’ve ranked as one of 500 companies with over 1,000 employees that received the most recommendations by survey respondents.

  • U.S. News Best Companies to Work For – Midwest 2024

    U.S. News & World Report Best Companies to Work For Midwest logo

    The rating includes factors such as quality of pay and benefits, work/life balance, job and company stability, career opportunities and professional development, and more.

  • Piper Sandler Sm-All Stars Class of 2023

    We were identified as one of the “top performing small-cap banks and thrifts in the country.”

  • SBA Community Lender Gold Level Award (2013-2024)

    SBA emblem

    We have been honored as the top SBA Lender in Indiana, of banks with less than $10 billion in assets, for 12 years running.

  • KBW Bank Honor Roll

    KBW, a Stifel Company emblem

    For four years, we’ve been among the list of banking institutions with more than $500 million in total assets to have reported 10 consecutive years of increases in annual earnings per share.

  • BauerFinancial 5 Star “Superior” Rating

    Bauer Financial's 5-star recommended bank award for 1st Source Bank, proudly serving Indiana and Michigan

    The highest rating possible. Based on capital ratio, profitability/loss trend, credit quality and CRA ratings

  • Northwest Indiana Business Magazine Best of Business

    Logo for the 2025 Northwest Indiana Business Magazine best businesses in Northwest Indiana award

    We have been selected by readers of Northwest Indiana Business Magazine as one of the best businesses in our Region

Commitment to Community

Your Communities are Our Communities

We are committed to the communities we serve throughout northern Indiana and southwest Michigan. Our people live in those communities. They understand and share the local values. You can get to know our bankers personally and build trusting relationships with them.

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Career Opportunities

We Invest in our People

Join a culture where family and work-life balance are top priorities.

Work where you feel appreciated, and your professional development is valued.

Learn More
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News and Announcements

  • Press Release · Apr 3rd, 2025 1st Source again ranked in Top 50 Community Banks by S&P Global
  • Press Release · Jan 9th, 2020 1st Source Bank Recognized for Small Business Lending Across the State
  • Press Release · Mar 11th, 2025 1st Source Bank Named Among America’s Best Midsize Employers for Fourth Year
  • Press Release · Mar 6th, 2025 1st Source Bank Named one of America’s Best Banks by Forbes Ranked #26 in Top 100 U.S. Banks
  • Press Release · Feb 4th, 2025 1st Source Bank Joins U.S. Faster Payments Council
‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ ‎ More News
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