What is the history of 1st Source Bank?
The corporate origins of 1st Source Bank trace back to 1863 when it was originally chartered as the First National Bank of South Bend during the American Civil War era. Over the decades, the institution navigated significant economic milestones, including merging with First National and Union Trust in the early 1930s to form First Bank and Trust Company under the resilient leadership of Ernest M. Morris, who steered the bank safely through the Great Depression. Evolving into 1st Source Corporation, it has grown to become the largest locally controlled financial institution headquartered in northern Indiana, expanding its footprint through community banking, wealth advisory services, and a specialized national financing footprint covering commercial equipment, aviation, and fleet vehicles.
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