The bank will use the three-story building that fronts Monument Circle for lending offices and a branch location. The magazine's staff plans to move into the adjacent headquarters for Emmis Communications.
Cumulus has made a deal to trade a station in New York and two stations in Springfield, Massachusetts to Entercom Communications in exchange for three Entercom stations in Indianapolis, including WZPL-FM 99.5.
Michael Grady, a former sports reporter at WRTV Channel 6 and public address announcer for the Indiana Pacers, has co-hosted the "Grady & Big Joe Show" for eight years. Station owner Emmis has already lined up a replacement.