News & Events

Stay up-to-date on the latest news and happenings at German American.

Julia Thomas joins German American Insurance

Julia Thomas has recently joined the German American Insurance team as an Employee Benefits Consultant based in our Bedford, Indiana, office and will support the company’s entire  growing footprint. She works with HR and Executives to identify and eliminate the medical overspend in their health plans to drive the best value. By focusing on quality, efficiency, and best-in-class care within the healthcare supply chain, she helps clients achieve a competitive advantage to acquire top talent  while lowering costs to increase cash flow.

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German American Announces that Brock Goggins Earns Advanced Banking Degree

German American Bank is proud to announce, Brock Goggins, Senior Vice President of Retail Banking, was recently awarded a diploma from the prestigious Graduate School of Banking at the University of Wisconsin-Madison.  In addition to his diploma, he received a Certificate of Executive Leadership from the Wisconsin School of Business Professional and Executive Development.

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Emily Olberding Joins German American Bank as Mortgage Loan Originator

German American Bank announces the addition of Emily Olberding as Mortgage Loan Originator serving Perry and Spencer counties in Indiana. For customers who are building, purchasing, or refinancing homes, Emily specializes in customized financial solutions delivered with prompt, accurate, and courteous service.

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German American Bank’s Tell City Clean Sweep

German American Bank is sponsoring a Clean Sweep event in Tell City, Indiana on Saturday, August 24th. Non-profit organizations will form teams to help clean up throughout the Tell City community and German American will donate money to the non-profit organization for each bag of trash collected.

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Clayton Rose appointed to Indiana University Alumni Association Executive Council

Clayton Rose, Branch Manager with German American Bank in Sellersburg, has recently been elected to the Executive Council for the Indiana University Alumni Association. Since its beginning in 1854, the IU Alumni Association has led efforts to grow the University, provide educational opportunities for students, and keep graduates connected to the University and each other.

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J. Christopher Hopgood joins German American Bank’s Southwest Region Advisory Board

German American Bank announces that J. Christopher Hopgood has joined the company’s Southwest Regional Advisory Board which serves Vanderburgh and Warrick counties in Indiana and Henderson County in Kentucky. Chris joins current board members Kyle Fields, Michael R. Hinton, Christina Ryan, James R. Miller, and Marc Fine who is a Corporate Board representative to the Southwest Regional Advisory Board.

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German American Bancorp, Inc. (GABC) Reports Record Quarterly Earnings

German American Bancorp, Inc. (NASDAQ: GABC) reported record quarterly earnings of $15.3 million, or $0.61 per share, for the quarter ending on June 30, 2019. This level of quarterly earnings performance was an increase of 27%, on a per share basis, compared with the second quarter 2018 net income of $11.1 million, or $0.48 per share. The current quarter earnings also compared favorably with the first quarter 2019 net income of $15.1 million, or $0.60 per share.

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German American Announces Completion of Merger with Citizens First Corporation and Citizens First Bank, Inc.

German American Bancorp, Inc. (NASDAQ:GABC) announced today that it has completed its merger with Citizens First Corporation., the parent company of Citizens First Bank, Inc. of Bowling Green, Kentucky, effective at 12:01 a.m. (Eastern time) on July 1, 2019. Immediately following completion of the holding company transaction, Citizens First Bank merged with and into German American’s banking subsidiary, German American Bank.

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German American Bank Hosting Highway 54 Grand Opening on Friday

German American Bank is celebrating the grand opening of a new banking office at 3264 Highway 54 in Owensboro on Friday, June 14. Members of the Owensboro community are invited to join the local team for prizes, refreshments, and bounce house activities for kids from 11:00am to 5:00pm.

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German American Donates $2500 to American Red Cross

German American Bank made a donation of $2,500 to American Red Cross’s Southeast Chapter in Bloomington, Indiana. The mission of the American Red Cross is to alleviate human suffering in the face of emergencies by mobilizing the power of volunteers and the generosity of donors.

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German American Bank Hires Summer Interns

German American Bank is pleased to announce the kickoff of our Summer Internship Program. Seven interns, demonstrating a series of characteristics including strong communication skills and work ethic, as well as a positive attitude, were selected from a pool of candidates to jump-start their careers in banking.

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Ben Schmitt joins German American Insurance

Ben Schmitt has recently joined the German American Insurance team as a Senior Employee Benefits Consultant based in our Evansville office and will support all of our growing footprint. He works with HR and Executives to identify and eliminate the medical overspend in their health plan to drive the best value.

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German American Bancorp, Inc. and Citizens First Corporation Announce Definitive Merger Agreement

German American Bancorp, Inc. (NASDAQ: GABC) ("German American") and Citizens First Corporation, Bowling Green, Kentucky (NASDAQ: CZFC) ("Citizens First"), announced today that they have entered into a definitive agreement to merge Citizens First into German American. Upon completion of the transaction, Citizens First’s subsidiary bank, Citizens First Bank, Inc., will be merged into German American's subsidiary bank, German American Bank.

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German American Insurance Receives Prestigious Recognition from MarshBerry

 Marsh, Berry & Company, Inc. (“MarshBerry”), recently named German American Insurance as one of five independent insurance agencies throughout the United States to receive honorable mentions in its inaugural MAX Performer recognition award. The award recognizes independent agencies that have strong financials, foster a client-first culture, and strive for operational excellence with an innovative mind-set.

 

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Erin Kindle Promoted to Wealth Advisor at German American Bank

German American Bank announces the promotion of Erin Kindle as a Wealth Advisor in Madison, Indiana. Erin, along with John Muessel, Vice President and Senior Wealth Advisor, are proud to serve Ripley and Jefferson Counties, along with Carroll County, Kentucky. For customers who are interested in Asset Management, Trust Administration, Estate Planning, or retirement plans and services, our Wealth Advisory team specializes in customized wealth advisory solutions delivered with prompt, accurate, and courteous service.

 

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German American Bancorp, Inc. and First Security, Inc. Announce Definitive Merger Agreement

German American Bancorp, Inc. (Nasdaq:GABC) ("German American") and First Security, Inc. (OTCQX:FIIT) ("First Security") announced today that they have entered into a definitive agreement to merge First Security into German American. Upon completion of the transaction, First Security’s subsidiary bank, First Security Bank, Inc., will be merged into German American's subsidiary bank, German American Bank.

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German American Bank Named a Five Star Member of the IBA

German American Bank has been honored as a Five Star Member of the Indiana Bankers Association (IBA). The award was presented on May 2 at the IBA Mega Conference in downtown Indianapolis, in recognition of German American Bank’s Association involvement throughout 2017.

 

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German American Expands South Central Indiana Franchise with Purchase of 5 Branches from MainSource

German American Bancorp, Inc. (NASDAQ: GABC) today announced that its banking subsidiary, German American Bancorp ("German American"), has signed a definitive agreement to acquire five branches in Columbus and Greensburg, Indiana, with approximately $160 million deposits and $134 million in loans, as of December 31, 2017, from MainSource Bank ("MainSource"), the banking subsidiary of MainSource Financial Group, Inc. (NASDAQ:MSFG).

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German American Bank Recognized for Focusing on Small Business SBA Lending

German American Bank was recently recognized by the Indiana Statewide Certified Development Corporation (CDC) as one of their top two 2017 Small Business Administration (SBA) 504 lenders in Indiana. Dan Collignon, a Regional Executive Vice President and Commercial Credit Officer at German American Bank, was also recognized individually as having created the most SBA 504 loan debenture dollars in 2017. 

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Payments Are Moving Faster

New regulations for the financial industry will affect the speed of electronic payments and access to financial information.

Beginning Friday, September 15th, German American, along with every other financial institution in the country, will be required to follow new electronic payment regulations which will change the times that we apply certain electronic debit payments to your account.

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John Clauss Wins FHLBI 2017 Community Spirit Award

German American Bank Vice President Invests in Afforable Housing

John Clauss, German American Bank Vice President, Commercial Banking, received the Federal Home Loan Bank of Indianapolis 2017 Community Spirit Award August 16 at the Indiana Housing Conference for affordable housing professionals in Indiana.

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Schroeder Honored with Resolution

Mark A. Schroeder, a chairman and chief executive officer of German American Bancorp, Jasper, has been honored with a concurrent resolution by the Indiana Senate and House.

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German American Announces Executive Promotions

JASPER, Ind., German American Bancorp, Inc. (Nasdaq: GABC) and its banking subsidiary, German American Bancorp has announced a number of promotions to its executive and senior officer group. Mark A. Schroeder, Chairman & Chief Executive Officer, made the following comments regarding the announcement, “In response to the tremendous growth we‘ve experienced as a Company in recent years and in preparation for what we see as continued, excellent prospects for future growth, we are very pleased to announce the following executive promotions.”

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Tax Identity Theft Awareness Week

It's that time of year - tax time. It's also a great time to get up to speed on tax-related scams. Here are two ways tax scammers might target you and what you can do about it.

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