Community Involvement

For over 155 years, 1st Source Bank has been giving back to our community to help build good places to live, work and raise our families. This service to our community is one of our principal values and has defined who we are and how we do business. 
 
This past year, 1st Source Bank and 1st Source Foundation donated more than $2 million to non-profit organizations in our communities. Additionally, 1st Source employees volunteered more than 12,000 hours to community organizations.

A Foundation of Giving: A Commitment to Community

1st Source Bank is committed to giving back to the communities we serve. Through the 1st Source Foundation we provide dozens of organizations throughout northern Indiana and southwest Michigan with funds that help them better serve their communities. This video showcases three examples of that generosity throughout the 1st Source footprint in 2021.

 

1st Source Donates to New Fort Wayne Rescue Mission

The 1st Source Foundation donated $100,000 to cap off a $20.1 million capital campaign to build a new Rescue Mission in downtown Fort Wayne. 1st Source Bank President Andrea Short and Fort Wayne Region President Larry Mayers both spoke on behalf of 1st Source during a news conference to discuss the successful capital campaign. Rescue Mission CEO and Senior Pastor Donovan Coley expressed appreciation for the donation, but also talked about 1st Source as a company that has the right values.

 

1st Source Gets on Board with Valparaiso Skatepark

The Valpo Parks Department is on a roll as it moves forward on a new community skatepark and it received a boost from 1st Source. Design plans, site selection and overall site layout have all been approved. Now it’s time to raise money and 1st Source kicked off the campaign with a $50,000 donation. 1st Source Bank Region President Matt Vessely delivered the ceremonial check to the Valpo Parks Department.

 

Southwestern Michigan College Scores with Assist From 1st Source

Work is underway on what will become the 1st Source Bank Fieldhouse at Southwestern Michigan College in Dowagiac. Renovations to the current athletic facilities are funded by a $400,000 donation from the 1st Source Foundation. The fieldhouse will provide new opportunities for students and will allow the school to begin new sports programs in the fall of 2022, including men’s and women’s basketball, women’s volleyball, and men’s wrestling. Southwestern Michigan College President Joe Odenwald has called the donation transformative for the school. He talks about the work being done, the benefits for students, and the commitment from 1st Source.

 

Habitat for Humanity in Lafayette

Celebrating the 300th home built by the Lafayette community, Habitat for Humanity and 1st Source Bank. Together, we make a difference!

 

Junior Achievement

We are grateful to serve our community by empowering young people with financial knowledge to go out and live their dreams.

 
Employees are active with a wide range of organizations, including the following:

Central Region – Junior Achievement, Center for the Homeless, Rebuilding Together and United Way
Community Region – Starke United, 4-H and Purdue University Extension
East Region – ADEC, Boys & Girls Club, Wellfield Botanic Gardens and Bashor Children’s Home
Fort Wayne Region – Erin’s House for Grieving Children, YWCA and Junior Achievement
Valparaiso Region – Hilltop Neighborhood House, Housing Opportunities, Duneland YMCA
Lafayette Region – Habitat for Humanity, Lafayette Symphony Orchestra Foundation and Leadership Lafayette
Southwest Michigan and Kalamazoo Region – Southwestern Michigan College, YMCA, United Way, Vibrant Kalamazoo and Kalamazoo College
 
To honor and encourage volunteerism within businesses in our community, 1st Source has established the Ernestine M. Raclin Community Leadership Award. Since 1999, 1st Source has recognized more than 150 outstanding volunteer leaders who demonstrate the spirit of volunteerism of Ernestine M. Raclin, 1st Source Chairman Emeritus.