David Rose said he expects the banking sector to benefit from the slight improvements to the region's economy.
"That's always a positive step," Rose said.
The supply of lending and goods in Northwest Indiana is also improved from the recession's dark days, although Rose said demand has room to grow. He said there's a lot of pent-up demand among people interested in making improvements to their home or purchasing a new one.
Rose said banks are also going to have to adjust to new rules requiring them maintain larger capital reserves and change the pricing on certain types of borrowing. Setting aside more capital means institutions ranging from community banks to some of the nation's largest ones will likely have less money to put into the market, he said.