Hoosier Banker 31 bank’s use of the FHLBI Affordable Housing Program, helping secure more than $1.5 million in FHLBI funding for the Frankfort community since 2017. She also leads the bank’s mentorship program and recently completed the internal Leadership Challenge program. In addition to the award, FHLBI will donate $2,500 to the nonprofit organization of Ruch’s choice. She selected the Humane Society of Clinton County. Three Indiana bankers have completed the Graduate School of Banking at Colorado, following three annual two-week sessions of classroom training. Carlonda Davis of Community First Bank of Indiana, Kokomo, as well as Gage Russell and Tyler Wolpert of the Indiana Department of Financial Institutions were among 166 graduates honored at a ceremony that took place July 27 in Boulder, Colorado. North Salem State Bank received a Governor’s Century Business Award, honoring Hoosier businesses that have operated for at least 100 consecutive years and exhibited a commitment to community service. The bank celebrated its centennial anniversary July 14, complete with a large community Six IBA member-banks were named among “America’s Greatest Workplaces for Parents and Families 2023” by Newsweek and Plant-A Insights Group: • 1st Source Bank, South Bend • Bank of America, Charlotte, NC • Fifth Third Bank, Cincinnati, OH • Chase Bank, New York, NY • KeyBank, NA, Cleveland, OH • U.S. Bank, NA, Minneapolis, MN More than 224,000 employees working for companies of at least 1,000 employees in the United States completed reviews of their employers. 1st Source was one of only 10 Indiana-headquartered companies in any industry to make the list and receive a fourstar rating out of five. Alise Phillips of First Merchants Bank, Muncie, was one of 12 bankers in the nation recognized as an American Bankers Association’s Emerging Leader. Winners of the ABA Emerging Leader Award were selected by a diverse steering committee of industry professionals after a review of nominations from banks across the country. Judging criteria included dedication to the profession, inventiveness, leadership skills, mentoring ability, personal integrity, tenure at the bank and broader commitment to a career in banking, sustained career progress and academic training including advanced degrees and certifications. Susan Ruch of The Farmers Bank, Frankfort, was honored with the Federal Home Loan Bank of Indianapolis’ 2023 Community Spirit Award. Ruch serves as a leader for the (from left) David Rosenberg, IEDC chief operating officer and chief of staff; Matt Howrey, North Salem State Bank president and CEO; State Rep. Beau Baird, R-Greencastle; and Gov. Eric Holcomb pose for a picture after Gov. Holcomb presented North Salem State Bank with the Governor’s Century Business Award at a ceremony Aug. 9, 2023, at the Statehouse in Indianapolis. cookout including customers, neighbors, friends and family. Bank representatives accepted the Century Business Award at an August 9 ceremony. HB BANCMAC provides correspondent and wholesale lending and is your Community Bank Mortgage Partner to help your financial institution originate fixed-rate secondary market loans including: PROGRAMS • Conventional Loans • USDA Rural Development Loans • Rural Living (Hobby Farm) Loans • VA Loans • Jumbo Loans • FHA Loans OUR PARTNERS RECEIVE: • Superior Service & Competitive Pricing • No Minimum Volumes • Significant, Non-Interest Fee Income • Non-Solicit Protections & More BANCMAC COMMUNITY BANC MORTGAGE CORP. YOUR COMMUNITY BANK MORTGAGE PARTNER bancmac.com mortgages@bancmac.com 888.821.7729 | NMLS# 571147
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