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1st Source Bank Announces Promotion of Two Senior Leaders
Newsfile· 2025-11-20 20:17
Core Points - 1st Source Bank has announced the promotion of John Bedient to Chief Operating Officer and Dan Lifferth to Chief Administrative Officer as part of recent leadership changes [1][2][3] - The promotions are aimed at aligning responsibilities and ensuring long-term success for the bank and its parent company, 1st Source Corporation [2][3] Leadership Changes - John Bedient has been with 1st Source Bank since 1991 and has held various key roles, including overseeing strategic projects and the implementation of advanced banking technologies [3][4] - Dan Lifferth has served as Senior Vice President of Human Resources since 2015, focusing on employee engagement and leadership development initiatives [4][5] Company Overview - 1st Source Corporation, the parent company of 1st Source Bank, has assets totaling $9.1 billion and operates 78 banking centers, 18 Specialty Finance Group locations, and various other financial service offices [9] - The corporation has a long-standing commitment to helping clients achieve financial security and build wealth, with over 160 years of service in the financial industry [9]
1st Source Bank Named One of America's Best Banks by Forbes
Newsfile· 2025-02-27 17:20
Core Points - 1st Source Bank has been recognized as one of America's Best Banks, ranking 26th out of 100 in the latest Forbes list [1][2] - The evaluation was based on 10 financial metrics assessing growth, credit quality, and profitability for the 12 months ending September 30, 2024, along with stock performance for the 12 months ending January 10, 2025 [1][2] - 1st Source Bank is one of only three banks in Indiana to be included in this year's list [1] Company Overview - 1st Source Corporation, the parent company of 1st Source Bank, has total assets of $8.9 billion, making it the largest locally controlled financial institution in the northern Indiana-southwestern Michigan area [3] - The corporation operates 77 banking centers, 18 specialty finance group locations, nine trust and wealth advisory services locations, 10 insurance offices, and three loan production offices [3] - 1st Source has a history of over 160 years dedicated to helping clients achieve security, build wealth, and realize their dreams [3]