Banking & Finance

Indiana credit unions are booming again

May 11, 2013
Norm Heikens, Chris O'Malley
Credit unions last year posted record earnings, thanks largely to lower loan-loss reserves, as well as to growing memberships, growing debit cards, selling off mortgages and stealing business loans away from banks, their arch rivals.
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FARRA: Don't expect big dividends from banks anytime soon

May 11, 2013
George Farra / Special to IBJ
Banks will not return to their status as reliable sources of shareholder dividends for three years or longer.
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First Internet Bank leverages online rootsRestricted Content

March 2, 2013
Kathleen McLaughlin
The Indianapolis-based bank, launched just 14 years ago, is reaching all-time highs in assets and profitability and plans to become a $1 billion institution by 2015.
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Stonegate Mortgage raising new round of fundingRestricted Content

March 2, 2013
Norm Heikens
Fast-growing Indianapolis company is pushing to fill a vacuum in the housing market.
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LANGFORD: Banks must move toward greater access, flexibilityRestricted Content

March 2, 2013
Kevin Langford / Special to IBJ
Consumers want more than 'one message fits all.'
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Market's surge fuels wave of executives' insider sellingRestricted Content

February 23, 2013
Kathleen McLaughlin
Insiders at Indianapolis-area companies cashed in millions of dollars of their own companies’ shares this month, a selling spree that might reflect growing sentiment the market rally is ending.
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APPEL: Mergers and acquisitions will accelerate by midyearRestricted Content

January 26, 2013
Savvy Indiana business owners rightly wonder about the merger-and-acquisition and capital market outlook for 2013. Unfortunately, it is likely mixed, with a sluggish outlook for the first half of the year. However, many hope that, by midyear, there will be a pickup to end the year strong.
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Indianapolis-area mergers and acquisitions in 2013Restricted Content

January 26, 2013
 IBJ Staff
Lack of a disclosed price kept these deals off of Indianapolis Business Journal's list of deals.
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Indiana liberal arts colleges strategize to survive perfect stormRestricted Content

January 12, 2013
J.K. Wall
Colleges are experimenting with business models at a time when the ability of students and their families to pay are dropping dramatically, and endowments and scholarship funds remain depressed.
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Investment strategists confront shrinking interest ratesRestricted Content

January 5, 2013
Kathleen McLaughlin
You know the investing climate is unusual when a stock’s dividend yields more than bonds issued by the same company.
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Columbus-based mutual fund shines in 2012Restricted Content

January 5, 2013
Scott Olson
Kirr Marbach's 'mid-cap blend' outpaces similar Indiana-based investments.
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HIATT: Political campaign puts private equity in the spotlightRestricted Content

October 13, 2012
Tom Hiatt / Special to IBJ
In the current political campaign, private equity, the industry in which I have spent much of my career, finds itself in the spotlight. But in my conversations with other intelligent people, I often find they are curious about what private equity funds do.
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Retailers await decision on $7.2B 'swipe-fee' settlementRestricted Content

October 13, 2012
Scott Olson
In what could be the largest antitrust settlement in U.S. history, the agreement would resolve dozens of lawsuits filed by retailers against Visa Inc., MasterCard Inc. and the banks that issue their credit cards.
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Many banks still digging out from Great Recession traumaRestricted Content

October 13, 2012
The following statistics reflect performance of the 10 banks with the largest market shares in the Indianapolis Metropolitan Statistical Area.
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VISKANTA: Big trends emerge from the lost decade for stocksRestricted Content

September 15, 2012
Tadas Viskanta / Special to IBJ
Investors are trying to get more bang for their buck and are unwilling to rely on the Wall Street firms, many of which helped bring the global economy to its knees just a few short years ago, for their investment needs.
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TIF expert is adviser to many municipalitiesRestricted Content

September 15, 2012
Scott Olson
Loren Matthes helped broker first tax-increment financing deal in the state
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COHEN: Good reason to keep gold in diversified portfoliosRestricted Content

September 15, 2012
Jeff Cohen / Special to IBJ
Metal is hedge against printing money, weakening currencies.
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Economy might worsen before it improves muchRestricted Content

June 16, 2012
Norm Heikens
If it seems like the economy should be better by now, under normal circumstances it would. After all, the recession ended three years ago this month.
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Indianapolis fastest-growing companies run the gamutRestricted Content

June 16, 2012
Marc D. Allan
This year's list of fastest-growing private companies in the Indianapolis area is a diverse lot, operating in industries ranging from human resources to office furnishings to construction to home health care and games.
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Not-for-profit hoping to grow microloan program

May 26, 2012
Scott Olson
Small amounts of funding often ignored by larger banks.
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At 92, Danielson's banking career is still goingRestricted Content

May 19, 2012
Sam Stall
City Securities co-chairman still dispenses wisdom accumulated over a career touching on everything from baseball to folding doors.
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First Merchants has sights set on metro area growthRestricted Content

May 19, 2012
Scott Olson
Boone, Hancock counties on the Muncie-based bank's radar.
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REED: Conditions for bank mergers thaw following long winterRestricted Content

May 19, 2012
John Reed
A few Indiana banks enjoy prices in excess of 150 percent of book.
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ALLEY: Where banks will find growth in the futureRestricted Content

March 10, 2012
Mike Alley / Special to IBJ
Demographics, technology will reward winning institutions.
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SULLIVAN: New consumer agency could hinder economyRestricted Content

March 10, 2012
Charlene Sullivan / Special to IBJ
Protection must be balanced with allowing credit to flow
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  1. So the Mayor adds another non value added layer to having a vehicle towed? Whereby the City Government RECIEVES AN ILLEGAL KICKBACK FROM A LGOISTICS COMPANY THAT SUBS THE WORK TO LOCAL TOW COMPANIES? What is the service the City performs for receiving the "tribute"? This is RICO!!!!! What a corrupt and unnecessary layer. What a dirtbag Mayor and his cronies.

  2. Owner occupied housing. Clear enough?

  3. So people think I am paranoid. It's from experience in dealing with puds requested by developers who make major donations themselves to representatives, have nice fund raisers for those running for office and hide through pac's. then there are the public relation firms. You will note some pr comments below. You there Clyde Lee? My opinion. Commercial along 421, great. Multifamily housing, terrible idea that will change the town. Senior condos or zero lot line homes west, great. I suggest keeping all entries to commercial areas at 421. All entries to owner occupied on sycamore. Will keep the traffic on sycamore down some. Two other things. You can't trust what will be there in 10 years. Steve builds quality stuff, but areas change over time. Look at the changes at the wall mart center at 86th and 421 over the last 10 years. Look at the apartments and neighborhoods behind St Vincent's. Raintree properties WILL decrease in value if commercial and multifamily goes in near. It has already been happening around the bridges area. The houses that have been sold recently are way below market. Several deals not closed due to the Illinois construction and the whole unsurety of the bridges. It's pretty simple, Zionsville will approve the whole thing because the city council has been groomed over a LONG period of time for this. I might even suggest some are in their position as a result of this.

  4. Esta, do you have a dog in this fight? You seem to really want to knock anyone against this project. No, I didn't move to Indiana for the architecture. I moved here for that red barn in the field. The horses and fields of corn. A place that is NOT overdeveloped. There are plenty of nearby places in Indianapolis that could be REDEVELOPED instead.

  5. RKW - OK, we get it, you're paranoid. The question is, are you paranoid enough? Greg - Yes, Pittman(s) is (are) at it again. They are developers, they build things. It's what they do. So when you go to work tomorrow, Greg, you're at it again too. Cliff - Really? You moved to Indiana for its progressive architecture? That's like moving to England for the cuisine. Zionsvillain - The house you moved to was once a field or woods. I'm willing to bet folks were upset when that ground was plowed under and a house was built. But I guess now that you are in, everything should stop? "My house was OK, but the next one is sprawl." SE Guy - Please don't paint us with such a wide brush. Most reasonable Zionsville residents welcome planned, measured development.

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