1st Source Corporation is a financial services company headquartered in South Bend, Indiana. It operates 1st Source Bank, a bank with 81 branches in Indiana and Michigan. The bank's Specialty Finance Group provides financing for aircraft, trucks, and construction equipment. 1st Source Insurance provides insurance products and services.[1]
History
The company was founded in 1863 as the First National Bank of South Bend.[2]
In the early 1930s, the company merged with First National and Union Trust to form First Bank and Trust Company.[2]
Under the leadership of Ernest M. Morris, the bank survived the Great Depression and in 1935 it opened its first branch.[2]