Local banks earn national honors

The parent companies of Munster-based Peoples Bank and Michigan City-based Horizon Bank have received recognition as ranking among the nation's top community banks.

IMAGINATION LEADERSHIP: Tom Sourlis revolutionizes an industry

From the time he was a little boy digging seven-foot-high foxholes in the dunes around the Wabash tracks in Gary, Tom Sourlis had a fondness for working with his hands, his head and his heart.

Gary airport authority gets two new members

Two vacant positions have been filled on the Gary/Chicago International Airport Authority at a critical time for the airport and its governing board.

One Region finances under review

MUNSTER | The board and executive director of One Region have hired an outside accounting firm to comb through the organization’s finances following an allegation of financial impropriety.

EDITORIAL ADVISORY BOARD: Demand end to D.C. gridlock to speed recovery

Our national elections are seven weeks away, with the economy as one of the key issues in political discussions on the airwaves, in workplaces and around kitchen tables. Not surprisingly, the economy is a question that often gets asked of this community banker. My answer: The economy is impr…

EDITORIAL ADVISORY BOARD: Candidates should pledge to work together

Consumer confidence has turned positive in recent months resulting in increased hiring across several sectors of the economy. Our recovery has come a long way since the Great Recession began in 2008, but we still have work to do.

EDITORIAL ADVISORY BOARD: Community bankers eager to help rebuild economy

The One Region, One Vision initiative of The Times of Northwest Indiana and the Quality of Life Council has taken hold in our community. A remarkable event occurred last month as more than 600 business, labor, academic and community leaders gathered to formulate the way forward for Northwest…

Munster-based bank posts slightly higher 2Q earnings

NorthWest Indiana Bancorp earned $1.7 million in the second quarter as improving asset quality helped the company overcome weak loan demand.

Peoples Bank earns national community banking honor

The parent of Munster-based Peoples Bank has received recognition for the sixth year in a row as one of the nation's top community banks.

EDITORIAL ADVISORY BOARD: Unintended consequences put consumers at risk

Congress passed financial overhaul legislation last year that brought much needed reforms to America's financial system. The new law provides more financial safeguards, although consumers are learning that an unintended consequence of the reforms will be harmful to their pocketbooks.

Peoples Bank posts slightly higher 4Q profit

MUNSTER | The holding company for Peoples Bank posted a modest increase in its fourth-quarter profit as net interest income offset higher expenses such as employee compensation.