Hoosier Banker 23 unwind, perhaps beginning later this year. This may complicate curve behavior, depending on the sequence and pace of the unwind. Bottom line. It’s always a good idea to have a sense of the signals that the market is giving us. It’s also worth noting how things have played out in the past. If the Fed keeps raising rates while the economy remains sluggish and noninflationary, we could eventually find ourselves with a flat or inverted yield curve. At that point, we could face the prospect of a policy reversal by the Fed in the not-toodistant future. HB DiD you know… for 23+ years WE’VE SUPPORTED COMMUNITIES… • $3.5B+ in community impact • 58 housing tax credit equity funds under management • 300+ community development loans extended totaling more than $350M • 650+ housing developments under asset management (over 39,000 affordable apartments) • $400M+ of NMTC allocation under management • 81,000+ jobs created and/or retained • 97,000+ low-moderate income individuals provided with quality, stable, affordable housing NURTURED PARTNERSHIPS… • reLIaBLe on-time investor reporting • eXCePTIoNaL portfolio management; never called capital from investors above original commitment amount • foLLoWeD THroUGH oN CoMMITMeNTs meeting or exceeding IRR targets since inception DID yOU KNOW? [ formerly GREAT LAKES CAPITAL FUND ] Cinnaire is a full-service CDFI partner that supports community stabilization and economic development by developing and nurturing partnerships with investors and mission-focused organizations. We provide creative loans, investments, and best-in-class services to partners. cinnaire.com | 844-4CINNAIRE Mike Grant has been appointed to the board of directors of TriCounty Bank & Trust Company, Roachdale. He and his wife have been the owners of Arni’s Restaurant, Crawfordsville, since 1993, and he previously served in various FROM THE BOARD ROOM IBA EMPLOYEES OF THE MONTH Congratulations to Laura Wilson, IBA Employee of the Month for June, and Paul W. Freeman, CAE, Employee of the Month for July. Laura is IBA’s vice president-communications, and Paul serves the Association as executive vice president. As part of the Indiana Bankers Association’s professional development campaign, IBA staff, members and associate members are invited to submit names of staff members who have demonstrated exemplary service. Nominations are read aloud at a monthly staff meeting, and then one name is selected in a drawing. The resulting Employee of the Month is awarded a certificate and a prize, and his or her name and photo are displayed on a staff bulletin board. To nominate an IBA staff person for Employee of the Month, please call in to 317-387-9380, or email any IBA associate with the name of the honoree, and a brief description of the service provided. Thank you for your support, as the IBA strives to go from good to great. HB Paul W. Freeman Laura Wilson capacities in the financial services industry. Grant is active with Montgomery County nonprofit organizations, including MUFFY (Montgomery United Fund For You), Boys and Girls Club of Montgomery County, and the Youth Service Bureau. He also is past president of the Community Foundation board and of the Montgomery County Chamber of Commerce. HB
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