First Bancorp of Indiana, Inc. is the bank holding company for The First Bank of Richmond, a community-focused financial institution founded in 1893. Headquartered in Richmond, Indiana, the company operates under the ticker OTCMKTS:FBPI and is dedicated to providing personalized banking solutions to individuals, families, and businesses throughout the Midwest. Over its long history, First Bancorp of Indiana has maintained a commitment to conservative lending practices, strong customer relationships, and community reinvestment.
The company’s core business activities include offering a broad spectrum of deposit accounts, such as checking, savings, money market, and certificates of deposit, designed to meet the needs of both retail and commercial customers. In addition to traditional deposit products, First Bancorp of Indiana provides consumer and commercial lending services, including residential mortgages, home equity lines of credit, small business loans, agricultural credit, and equipment financing. The bank also offers online and mobile banking platforms, enabling clients to manage their finances securely and conveniently.
With a network of branches spanning eastern Indiana and western Ohio, First Bancorp of Indiana serves a diverse market that encompasses urban, suburban, and rural communities. The company leverages its regional presence to support local economic development through targeted lending programs, community sponsorships, and financial education initiatives. Its localized decision-making process allows for rapid response to customer needs and deep understanding of the markets it serves.
First Bancorp of Indiana is guided by an experienced leadership team headed by President and Chief Executive Officer Todd L. Vanderdon, supported by a board of directors with extensive backgrounds in banking, finance, and community leadership. Under their stewardship, the company continues to pursue a strategy of steady growth, prudent risk management, and strong customer service, with an ongoing focus on technological enhancements and market expansion within its core footprint.
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