Cincinnati-based First Financial Bancorp and Greensburg-based MainSource Financial Group have agreed to sell off five bank branches in Indiana to resolve regulatory concerns that could stand in the way of their planned merger.
Cincinnati-based First Financial Bank is shuffling its operations in the Indianapolis area, including moving its regional hub to a new downtown location and opening a high-profile branch in the same building.
A former Old National executive is taking the reins in the Indianapolis market, and the Cincinnati-based bank's state operations chief has moved to Carmel to get a better on-the-ground perspective of the growth market.
Terre Haute-based First Financial Corp. is the holding company for First Financial Bank, The Morris Plan Co. of Terre Haute and Forrest Sherer Inc. It operates 68 banking offices in Indiana and Illinois.