1st Source Bank
1st Source Bank offers a comprehensive range of personal and business banking services, including loans, wealth management, and specialized financing options, alongside community-focused initiatives and financial education programs.
Personal Banking Services
1st Source Bank offers a variety of personal banking services including online and mobile banking, checking accounts, savings accounts, and credit cards. Customers can choose from different types of savings accounts like Everyday Interest, eStudent Savings, and Portfolio Savings. Additionally, the bank provides certificates of deposit (CDs) with terms ranging from seven days to ten years, tailored to meet diverse financial needs.
Loan and Mortgage Services
1st Source Bank provides personal loans, home loans, auto loans, and loan calculators to help customers manage their borrowing needs. The bank offers commercial mortgage loans with terms up to 15 years and up to 90 percent financing for those looking into real estate investments. Small Business Administration (SBA) loans are also available, with borrowing amounts ranging from $5,000 to $5 million.
Wealth Management Services
Wealth management services at 1st Source Bank include investing and insurance options designed to help clients grow and protect their assets. The bank offers retirement planning services that include a variety of retirement plans and investment guidance to ensure clients' financial security in retirement.
Business Banking Services
1st Source Bank provides comprehensive business banking services such as business checking accounts, business credit cards, and treasury services. The institution also offers specialized financing options for industries like agriculture, healthcare, manufacturing, and solar. Business loans, business leasing, and industry-specific loans are available for business operations and expansion.
Community Initiatives
1st Source Bank is committed to community development through its '1st Source Foundation.' The foundation supports local development efforts and community services, reinforcing the bank's role as a community-focused institution. The bank also runs a financial education program called 'You 1st,' which includes online learning, one-on-one coaching, and educational videos aimed at improving financial literacy.