Mickey Maurer steps down as chairman of National Bank of Indianapolis
Greg Maurer, who has served on the bank’s board since 2013, will take over as chairman.
National Bank of Indianapolis
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Chase remains Indy’s biggest bank
PNC and Fifth Third rank as the second and third largest area bank by deposits.
Local businesses wait, wonder if they’ll secure PPP loan funding
The Paycheck Protection Program began accepting applications again Monday with an additional $310 billion. But local business owners who were shut out during the first round were uncertain whether they’ll fare any better this time.
National Bank of Indianapolis CEO retiring after 25 years at helm
President, chief executive and bank co-founder Morrie Maurer plans to retire Jan. 4, to be succeeded by a longtime executive within the organization.
National Bank of Indianapolis retains focus on central Indiana market
Today—as it was in 1993 when the bank launched—its leaders focus on reaching customers in four categories: small to medium-sized businesses, professionals, not-for-profit organizations and money management. “We haven’t changed that strategy in 25 years,” said Mickey Maurer, the bank’s board chairman.
Exterior of downtown bank headquarters getting major overhaul
The National Bank of Indianapolis is set to begin upgrading the facade of its flagship location at Pennsylvania and Market streets—the first improvement to the building's outside in more than 40 years.
2015 CFO of the Year: Debra Ross
Debra Ross joined The National Bank of Indianapolis before its 1993 opening. It's been profitable every year, even during the financial crisis, and now is the state's 11th-largest bank.
Indiana banks cash in on overdraft fees as low rates linger
Now we know exactly how much of a fortune—or not—that larger, Indiana-based banks are generating from those ill-timed debit and ATM transactions.
Rankings of Indianapolis-area banks
After seemingly endless adversity, bankers anticipate brighter future. Look here to see how local institutions compare based on common measures.
Spate of banking mergers may be just the beginning
First Merchants Corp. CEO Michael Rechin thinks a wave of bank mergers is coming—driven by financial institutions’ quest to increase profits in an environment where super-low interest rates continue to squeeze margins.
Developer loses fraud appeal
The Indiana Court of Appeals affirmed Christopher White’s 2009 conviction, resulting from a $500,000 bad check he wrote as he tried to save his real estate development firm.
Banks’ market rankings stable despite deposit shifts
BMO Harris and PNC lost some deposits, but the biggest local banks by market share remained the same.
Many banks still digging out from Great Recession trauma
The following statistics reflect performance of the 10 banks with the largest market shares in the Indianapolis Metropolitan Statistical Area.
National Bank of Indianapolis exec retiring
Philip B. Roby, who helped start the city’s largest locally based bank, will retire at the end of the year.
Hentschel ramrodding KeyBank development in Indianapolis
Exec adds branches, deposits, after completing a stint at a human-resources firm.
New Indiana law aims to promote safety of traditional loans
A new state program is encouraging lenders to promote the stability of their conventional mortgages to help Indiana's
housing market rebound from a foreclosure crisis instigated by risky loans.
FDIC fee hitting small banks particularly hard
Fees imposed on U.S. banks to rebuild a Federal Deposit Insurance Corp. fund nearly depleted by scores of bank failures is
expected to sap profits of small financial institutions. Community banks with less income than their larger counterparts are
particularly at risk of having their 2009 earnings erased by the charges after an emergency fee on banks took effect June
30.
Banks building new branches despite online age
Bank transaction counts—the number of people going into banks to make a deposit, cash a check or
conduct some other form of business—have declined in recent years with the increased popularity
of direct deposit, online banking and easy ATM accessibility. So why add branches?
Bankers comfort customers worried about stability in wake of financial crisis
Banks launch campaigns to sooth jittery customers about the safety of their deposits, following an economic crisis that has brought down investment banks and sent stock values plummeting.