News & Events

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

German American Bank Announces Scott Powell as Chief Credit Officer

German American Bancorp, Inc. (Nasdaq: GABC) and its banking subsidiary, German American Bank, announces that Scott Powell has been appointed Executive Vice President, Chief Credit Officer, effective April 1, 2024. Powell will succeed current Executive Vice President and Chief Credit Officer, Keith A. Leinenbach, who will be retiring.

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German American Bank Marks Opening of New Albany Financial Office with Ribbon Cutting and $4,000 Donation to New Albany/Floyd County Schools

German American Bank celebrated the grand opening of its new state-of-the-art financial center in New Albany with a ribbon cutting, open house and check presentation to local schools on Friday, July 7th. The company was honored to have the One Southern Indiana team, several dignitaries from the local community, and German American Bank’s executive leadership join the celebration. 

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German American Bank Strengthens Commercial Banking Team in Johnson County, Indiana with New Hires

German American Bank announces that Tony Denger and Brendan Norman have joined the company’s commercial banking team in Greenwood, Indiana. Denger joins as Senior Commercial Banking Officer, and Norman joins the company as Vice President, Private Banking. They join Market Executive, Mike Sorrells, and Senior Commercial Banking Officer, David McNichols, in serving the financial needs of the Greenwood-area business community. 

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Strength and Security Since 1910

German American Bank has more than 110 years of experience in disciplined growth with strong financial management. We are well-capitalized, financially strong, and well positioned to serve our customers and communities for years to come.

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German American Insurance names Diana Wilderman as President

German American announces the appointment of Diana Wilderman as President of the company’s insurance division, German American Insurance. As an 11 year veteran of German American Insurance, Diana will shape the strategic direction of the insurance division. As President, she will work with the insurance team to build an even stronger customer experience with focus on product offerings, team culture, and continuous improvement to provide customer service excellence to personal, business and commercial insurance clients. 

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Brett Stilwell joins German American Bank as Market President

German American Bank announces Brett A. Stilwell has joined the company as Market President. In this role, he will lead the Clark and Floyd County financial services team, which offers commercial and personal banking, insurance, investments and wealth advisory services.

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Eldridge L. Harris to lead German American Bank Mortgage Sales Team serving the Southeast Indiana and Greater Louisville area

German American Bank announces the promotion of Eldridge L. Harris to Mortgage Sales Manager. Harris will lead the company’s mortgage loan originators in Southeast Indiana, Greater Louisville and the surrounding counties.  He will have an active role in helping his team to provide customized lending solutions while delivering customer service excellence.

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German American Bank and EVERFI Award Five $500 Prizes to Area Financial Literacy Bee Winners

German American Bank and EVERFI have announced the five winners of their Financial Literacy Bee Capstone Essay contest with each to receive a $500 VISA gift card.  The EVERFI Financial Literacy Bee is a national financial literacy challenge and essay contest open to students ages 13-19.  Of the over 1,200 students participating in its market area, German American Bank had 249 capstone essays submitted. Of those submissions, one overall winner was awarded by EVERFI and four regional winners were awarded by German American Bank. 

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German American Bank Donates $35,000 to Non-Profit Organizations in Shelby, Spencer, Owen, and Gallatin Counties

German American Bank has donated $35,000 to seven local non-profit organizations to celebrate the expansion of their footprint into Shelby, Spencer, Owen, and Gallatin Counties.  German American leaders presented checks for $5,000 to representatives of  Metro United Way’s Farmers Feeding Families, Awake Ministries’ Serenity Center, Centro Latino, Operation Care Kentucky, Owen County Schools’ Power Pack Program, Taylorsville Main Street Association, and the Gallatin Educational Excellence Foundation. 

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German American Bank Strengthens Shelbyville Financial Services Team with New Hires

German American Bank today announced that the financial services team serving the Shelbyville market area will be growing with the addition of Christine Emerson as Vice President, Treasury Management and Kris Hayden as Market Executive. Both Emerson and Hayden will drive the delivery of German American Bank’s financial solutions with a focus on building and developing relationships, local decision making, and a strong commitment to community.

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German American Bank Strengthens Louisville Business Banking Team with New Hires

German American Bank today announced that the financial services team serving the Louisville business community will be growing with the addition of Alex Hacker, Andy Mayer, and Scott Touro. As Commercial Lenders Hacker, Mayer and Touro will drive the delivery of German American Bank’s innovative business banking solutions with a focus on client relationships and quality local service.

 

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German American Bank Announces Participation in the 2022 EVERFI Financial Bee

German American Bank has announced its sponsorship of this year’s EVERFI Financial Literacy Bee.  A sponsor since the inaugural event in 2020, German American Bank is excited to once again offer access to this regional challenge taking place April 1-15, 2022.   The financial literacy course is available for students and their parents and features an essay scholarship contest open to junior high and high school students (ages 13-19).   

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German American Bank Announces Shelbyville Leadership Team

German American Bank announces the leadership team of Chris Dew, Market President; Nicole Durbin, Retail Banking Officer; and Bill Williams, Commercial Banking and Credit Officer, to lead the financial services team serving the Shelbyville market area of Shelby, Spencer, Owen and Gallatin Counties in Kentucky. Together they will drive the delivery of German American Bank’s innovative banking, insurance and investment financial solutions with a focus on client relationships, local decision-making, and a strong commitment to community.  

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Tashina Ashley joins German American Bank as a Mortgage Loan Originator

German American Bank announces that Tashina Ashley has joined the company as a Mortgage Loan Originator serving Warren County in Kentucky.  Tashina helps customers who are purchasing, building, or refinancing their homes to find lending solutions that are customized to their specific financial needs while delivering prompt customer service excellence.

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German American Bank Announces Sponsorship of Glasgow Christian Academy Financial Literacy Program

As a part of their continued commitment to supporting local schools and workforce development, German American has announced they will be sponsoring a financial literacy program for Glasgow Christian Academy. The goal is to equip students with money management and career skills through their Money Smart financial education curriculum. The sponsorship includes a monetary donation and resources for teachers to lead the courses.

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German American Bancorp, Inc. and Citizens Union Bancorp of Shelbyville, Inc. Announce Definitive Merger Agreement

German American Bancorp, Inc. (Nasdaq: GABC) (“German American”) and Citizens Union Bancorp of Shelbyville, Inc. (“CUB”) announced today that they have entered into a definitive agreement to merge CUB into German American. Upon completion of the transaction, CUB’s subsidiary bank, Citizens Union Bank of Shelbyville, Inc., will be merged into German American’s subsidiary bank, German American Bank.

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Clay Ewing Named Leader in Banking Excellence by IBA

Clay W. Ewing, retired vice chairman of German American Bank was honored by the Indiana Bankers Association with the IBA Leaders in Banking Excellence award.  The awards ceremony told place Aug. 16 in a private ceremony at the IBA Convention in French Lick.  This award, the Association’s highest honor, celebrates exceptional leaders who have positively impacted Indiana banks and the communities they serve.

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German American Recognizes Ann Brown for Receiving Human Resource Management School Certification from Graduate School of Banking

German American Bank has announced that Ann Brown, Vice President, Talent Management, has graduated from the Human Resource Management School. The program, offered by the prestigious Graduate School of Banking at the University of Wisconsin-Madison, ties together important issues in human resource management with an understanding of the business of banking.

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Kyle Aud Joins German American Bank as Market President

German American Bank announces Kyle Aud has joined the company as the Owensboro Market President. In this role, he will lead the Company’s financial services team which offers commercial and personal banking, insurance, investments and wealth advisory services in the Owensboro-area and surrounding counties. Kyle replaces Amy Jackson who has been promoted to lead corporate-level initiatives as the Senior Vice President – Administrative Development and Strategic Planning.

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German American Bank Makes $60,000 donation to CDFI Friendly Bloomington, Inc.

German American Bank has made a donation of $60,000 to CDFI Friendly Bloomington, Inc.  The check was presented to CFB Executive Director Brian Payne by members of the German American Bank Bloomington team.  Community Development Financial Institutions (CDFIs) share a common goal of expanding economic opportunity in low-income communities by providing access to financial products and services for local residents and businesses. 

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German American Bank Announces Promotion of Jackie Hochstetler

German American Bank announces the promotion of Jackie Hochstetler to Vice President, Application Support Manager. This position has responsibility for all support aspects of the company’s banking software applications to ensure ongoing service and support is maintained to an optimum service level.

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Jason Schroeder joins German American Bank as a Mortgage Loan Originator

German American Bank announces Jason Schroeder has joined the company as a Mortgage Loan Originator serving Clark and Floyd Counties in Indiana.  Jason specializes in providing individuals and families with customized lending solutions for purchasing, building, or refinancing their homes. He delivers customer service excellence while tending to each customer’s specific financial needs.

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German American Bank Makes $50,000 Donation to Southwestern Indiana Child Advocacy Center Coalition

German American Bank has made a donation of $50,000 to the Southwestern Indiana Child Advocacy Center Coalition.  The check was presented to SWICACC Executive Director Tammy Lampert by members of the German American leadership team. Since 2009, SWICACC has been providing a safe reporting location for children who are victims of crime along with their families.  Their community-based, multi-disciplinary teams provide support, promote justice, and help to prevent violence. 

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Jefferson Watters joins German American Bank as a Mortgage Loan Originator

German American Bank announces that Jefferson Watters has joined the company as a Mortgage Loan Originator serving Jefferson County in Kentucky as well as Clark and Floyd Counties in Indiana.  Jefferson assists customers in providing customized lending solutions for purchasing, building, or refinancing their homes. He delivers customer service excellence while tending to each customer’s specific financial needs.

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Kyle Kempf joins German American Bank as a Mortgage Loan Originator

German American Bank announces that Kyle Kempf has joined the company as a Mortgage Loan Originator serving Warrick and Vanderburgh Counties in Indiana.  Kyle helps customers who are purchasing, building, or refinancing their homes to find lending solutions that are customized to their specific financial needs while delivering prompt customer service excellence

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German American Bank Awards Four $500 Prizes to Area Financial Literacy Bee Winners

German American Bank has announced the four winners of their Financial Literacy Bee Capstone Essay contest with each to receive a $500 savings account.  The EVERFI Financial Literacy Bee is a national contest open to high school students, ages 13-18.   Of the over 2,800 essays submitted nationally, German American Bank had 309 essays entered from its market area.  Of those 309 essays, four regional winners were chosen. 

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German American Bank makes $10,000 donation to Bloomington non-profits to celebrate opening of 3930 South Walnut office

As a part of the grand-opening celebration of their new 3930 South Walnut St. office in Bloomington, German American Bank is making a $10,000 donation to Bloomington non-profit organizations through their Visit and Vote campaign.  Customers and community members were given the opportunity to vote for their favorite Bloomington non-profit from a list of 33 participating organizations.  Voting took place from the grand opening date of November 9th through Saturday, December 19th with the top 3 organizations to receive $3,333 each.      

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Blake Templeton takes new role as Mortgage Loan Originator

German American Bank announces that Blake Templeton will be taking on a new role as a Mortgage Loan Originator serving Daviess County, KY. Blake specializes in customized financial solutions delivered with prompt, accurate, and courteous service for customers who are building, purchasing, or refinancing their homes.

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German American Bank named as “Best Bank in Indiana”

German American Bank was recently recognized as the Best Bank in Indiana by Newsweek in their inaugural “America’s Best Banks” ranking. This ranking recognizes banks in a variety of categories that best serve their customers’ needs in today’s challenging times.

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German American Bank adds two Wealth Advisors to their Louisville financial services team

German American Bank announces that Todd Barron and Bart Brown have joined the company’s Wealth Advisory Group to serve the wealth management needs of individuals, families, and businesses in the Louisville area. Todd joins the company as Senior Wealth Advisor, CFP®. Bart joins the company as Wealth Advisor, JD. German American Wealth Advisory Group currently manages over $1.1 billion in assets and serves clients throughout the company’s footprint in Kentucky and Indiana.

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German American’s Becky Shelton Graduates Leadership Owensboro Program

Becky Shelton, Financial Center Manager with German American Bank in Owensboro, has graduated from the 2019-2020 Leadership Owensboro program. Each year’s class of business and educational leaders is selected through an application process. This 10-month program is focused on educating and engaging individuals to reach their potential and maximize their impact in the community.

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April Bush joins German American Bank as Mortgage Loan Originator

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

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Cindy Kinnarney joins German American Bank as Regional President

German American Bank announces that Cindy Kinnarney has joined the company as their North Region President.  She will lead the Company’s financial services team serving Monroe and Lawrence Counties with financial products and services offerings in personal and business banking, insurance, investments and wealth advisory services.

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German American Bank strengthens its Louisville banking team with new hires

German American Bank announces that Alexis Belcher and Monica Tabor have joined the company’s banking team to serve the financial needs of the Louisville area business community. Alexis joins the company as a Treasury Management Officer, and Monica joins the company as Commercial Loan Sales and Service Assistant. They join Jason Adler and Kelley Chandler to serve the financial needs of the Louisville business community.

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German American Commits $75,000 to Tri-County YMCA

German American Bank presented a check for $75,000 to the Tri County YMCA’s Reimagine Your Y Capital Campaign. These funds will have a direct impact on the facility and programming expansion the Tri-County YMCA plans to complete mid year of 2020.

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German American Bancorp, Inc. (GABC) Reports Third Quarter Earnings

German American Bancorp, Inc. (NASDAQ: GABC) reported quarterly earnings of $13.1 million, or $0.49 per share, in the third quarter of 2019.  This level of quarterly earnings performance was an increase of approximately $425,000, or 3% on a reported net income basis over third quarter 2018 net income of $12.6 million, or $0.55 per share.  On a per share basis, the quarter-over-quarter comparison was reflective of a higher level of shares outstanding in 2019 resulting in a $0.06, or approximately 11%, decrease in reported earnings per share relative to the third quarter of 2018.  The current year earnings are reflective of the inclusion of the acquisition of Citizens First Corporation of Bowling Green, Kentucky on July 1, 2019 and the acquisition of First Security, Inc. of Owensboro, Kentucky on October 15, 2018. 

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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 Affordable 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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