1st Source (NASDAQ:SRCE) is a bank holding company headquartered in South Bend, Indiana, operating through its wholly owned subsidiary, 1st Source Bank. The company offers a full range of commercial and consumer banking products, including checking and savings accounts, business and commercial lending, residential mortgage loans, and cash management services. Its client base spans small and medium-sized businesses, agribusinesses, professional firms, and individual consumers primarily across northern Indiana and southwestern Michigan.
In addition to traditional banking services, 1st Source Corporation provides wealth management and trust services through its 1st Source Wealth Management division. This segment delivers financial planning, investment advisory, fiduciary and custodial services to individuals, families, and institutions. The company’s comprehensive suite of offerings is supported by a network of branch offices, lending centers, and digital banking platforms designed to meet the evolving needs of its customers.
Founded in 1863, 1st Source has a long history of community banking and has grown its footprint through a combination of organic expansion and strategic acquisitions. The company emphasizes personalized service and local decision-making, positioning itself as a regional partner for economic development and individual financial success. Its digital offerings include online and mobile banking, bill pay, remote deposit capture, and account alerts to deliver convenience and accessibility.
Governance at 1st Source Corporation is overseen by a board of directors and a senior management team with deep expertise in banking, risk management, and financial services. The company maintains a commitment to community involvement, supporting regional nonprofit organizations and development initiatives across its service area.
