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Financial Services

Speculation swirls over Fed language on rate hike

Speculation swirls over Fed language on rate hike

In this Aug. 21 photo, Federal Reserve Chair Janet Yellen arrives for a dinner during the Jackson Hole Economic Policy Symposium at the Jackson Lake Lodge in Grand Teton National Park near Jackson, Wyo. Yellen will be pressed to clarify the Fed's intentions after the Fed issues its policy st…

September 15, 2014 12:27 pm

Home Depot confirms breach in US, Canada stores

NEW YORK (AP) — Home Depot confirmed on Monday that its payment systems have been hacked in a data breach that could affect millions of shoppers who used credit and debit cards at its more than 2,000 U.S. and Canadian stores.

September 09, 2014 8:00 am

Northwest Mutual plans blood drive for new office

CROWN POINT | Northwestern Mutual, a 160-year-old financial services company, is having a blood drive Thursday to mark the opening of a new office. 

August 18, 2014 12:00 pm
End of an era: Citizens Financial to become First Merchants this weekend

End of an era: Citizens Financial to become First Merchants this weekend

Signs will be changed over the weekend at 20 Citizens Financial Bank branches in Northwest Indiana and Chicago's south suburbs on the Illinois side of the border. They will reopen as First Merchants bank branches on Monday.

February 23, 2014 1:00 pm Photos


Bankers to convene at Hammond forum

HAMMOND | Representatives from local banks will gather at a forum sponsored by the Hammond Development Corp.

February 18, 2014 3:00 pm
A life in banking: Freyek marks 50 years as a banker

A life in banking: Freyek marks 50 years as a banker

First Federal Savings and Loan Association president and CEO John Freyek started his banking career back when First Federal was across the street from Goldblatt's Department Store in downtown Hammond and most of the employees cashed their paychecks there.

February 14, 2014 9:09 pm Photos


Horizon Bank reports highest earnings in history

Michigan City-based Horizon Bancorp, the parent company of Horizon Bank, is reporting the highest full-year profit in its history.

January 23, 2014 5:16 pm

U.S. Bank buys Chicago-area Charter One banks

U.S. Bank has bought all of RBS Citizen Financial Group Inc.'s retail branches in the Chicago area, including local Charter One banks.

January 11, 2014 12:00 am
Has the Fed been fueling bubbles? You be the judge

Has the Fed been fueling bubbles? You be the judge

WASHINGTON | The Federal Reserve's super-low interest-rate policies have inflated a slew of dangerous asset bubbles. Or so critics say.

December 21, 2013 12:30 pm

Insurers extend premium deadline under Affordable Care Act

WASHINGTON | Consumers worried that tight deadlines around the holidays and lingering computer problems could thwart their efforts to secure coverage under President Barack Obama's health overhaul will get extra time to pay, the health insurance industry said Wednesday.

December 18, 2013 12:50 pm

Health care signups pick up but may not close gap

WASHINGTON | With time running short, the nation's health care rolls still aren't filling up fast enough.

December 11, 2013 3:31 pm Related

First Merchants completes acquisition of Citizens Financial Bank

A Muncie-based bank has completed its $140 million acquisition of Citizens Financial Bank, which has been making loans and taking deposits in Northwest Indiana since 1934.

November 13, 2013 4:00 pm


Twitter signage is draped on the facade of the New York Stock Exchange, Thursday in New York.

November 07, 2013 2:40 pm

Centier reports higher earnings over first three quarters

MERRILLVILE | Centier Bank reported $6.8 million earnings for the third quarter, which is down from the $7.2 million in profits the privately owned bank announced during the same period last year.

October 24, 2013 12:00 am
GUEST COMMENTARY: D.C. should plug into German example

GUEST COMMENTARY: D.C. should plug into German example

The maneuvering by Chancellor Angela Merkel and other senior politicians in Germany to form a viable new government is important for Europe, and beyond. Unfortunately, the alarming partisan budget standoff in Washington, D.C., preoccupied most related media attention.

October 19, 2013 12:00 am

First crop of broker/developers certified

The first group completed a new broker/developer certification program that offers training on how to help 504 loan-eligible businesses get started up.

October 15, 2013 6:00 pm

1st Source named a top performing bank

A major investment banking firm has named its annual all star list of small cap banks, and a South Bend-based financial institution made the cut.

October 15, 2013 6:00 am

Indiana residents complain most frequently about bigger banks

Customers can make a federal case out of it if they have an issue with their bank.

October 12, 2013 9:32 am

Bank will offer loans to furloughed federal employees

A South Bend-based bank with a big retail presence in Porter County plans to extend loans to federal employees who have been furloughed and businesses that are not getting paid during the government shutdown.

October 10, 2013 2:00 pm

Horizon Bank named top tech-savvy lender

A Michigan City-based bank earned national recognition for being tech-savvy.

September 15, 2013 12:00 am
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