OFFICIAL PUBLICATION OF THE INDIANA BANKERS ASSOCIATION
David M. Findlay has been appointed chairman of the board for both Lake City Bank, Warsaw, and its holding company, Lakeland Financial Corporation. He has been with the bank for 23 years and served as its CEO since 2014. Findlay will continue as CEO of both organizations. His predecessor, Michael L. Kubacki, will retire from […]
From the Board Room Read More »
Michelle Kawiecki of First Merchants Bank, Muncie, was recognized by the Indianapolis Business Journal’s 2023 CFO of the Year program. She was one of three honorees in the category for companies valued at more than $100 million. Kawiecki joined the bank in 2015 as senior vice president of Treasury and accounting before transitioning to CFO
Honorable Mentions Read More »
Each request for a religious accommodation is fact-specific and requires an individual analysis. Discrimination based on religion is prohibited by federal and state law, including Title VII of the Civil Rights Act of 1964 and the Indiana Civil Rights Act. Title VII prohibits employers from discriminating because of religion in hiring, promotion, termination, compensation, or
HR Topics: Religious Discrimination in the Workplace Read More »
Deluxe Corp. / Minneapolis The company announced in December it would acquire SNL Banker Cloud, a robust community bank-focused data analytics solution that provides actionable business intelligence. SNL will be incorporated into the company’s existing Banker’s Dashboard platform. Endeavor IT / Coopersville, MI IT Resource LLC, an IBA associate member, merged with Synergetics DCS, effective
Associate Members’ Corner Read More »
In a rising rate environment, bonds priced at a discount become more prevalent. Therefore, it is imperative that municipal bond investors consider the tax implications of purchasing municipal bonds at a discount. Discounts that occur in the secondary market are known as “market discounts.” Those that occur at issuance are known as “original issue discounts.”
Understanding the Tax Treatment of Discount Municipal Bonds Read More »
Lawmakers insisted they wanted to keep this year’s legislative session a low-key affair, but there was still plenty to talk about on Jan. 23 at the IBA’s Legislative Briefing and Reception. Nearly 150 bankers and associate members attended the annual event at the Hyatt Regency Indianapolis for insights on roughly a dozen bills of interest
Legislative Day 2024 Read More »
Centier Bank / Merrillville Skyler Balmer has been promoted to business resiliency officer within the bank’s enterprise risk management division. He joined the bank’s internal audit team in 2019 before moving to enterprise risk management in 2020. Before his time with the bank, Balmer was an auditor with the Indiana State Board of Accounts, auditing
Bankers on the Move Read More »
First Busey Corporation, holding company of Busey Bank, Champaign, Illinois, is acquiring Merchants and Manufacturers Bank Corporation, the holding company for Merchants & Manufacturers Bank, Joliet, Illinois, in a merger transaction announced on Nov. 27, 2023. The transaction is anticipated to close in the second quarter of 2024. Should it gain regulatory approval, the combined
Mergers & Acquisitions Read More »
The IBA Future Leadership Division is excited for 2024 and the new opportunities it will bring. There are many events to put on your calendar this year, including the FLD Networking Reception at Mega on May 7, FLD Leadership Conference on Aug. 1-2 and an FLD Topgolf Networking Lunch on Nov. 13. We’ll also host
Make the Most of Your Year With the FLD Read More »
The Midwest Agricultural Banking School, a partnership between Purdue University and the Indiana Bankers Association in coordination with Illinois, Ohio, Kentucky and Michigan bankers associations, was held on the campus of Purdue University Nov. 27-29, 2023. This program equips bankers and agribusiness professionals with the practical knowledge and skills needed to navigate the ever-evolving landscape
51st Annual Midwest Agricultural Banking School Read More »
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