Indiana

Cameron Minges will become president of the Indianapolis-based credit union effective Jan. 1.

With coronavirus cases on the rise, Hoosier Hills CU in Bedford, Ind., has chosen to temporarily restrict access to its facilities. Observers say other institutions are likely to follow suit eventually, whether they want to or not.

Michael Rechin will step down at the end of this year. The Indiana company tapped CFO Mark Hardwick as its next CEO, while Michael Stewart, its chief banking officer, will become president.

The deal for Our Community Bank comes two months after Crane agreed to acquire Community State Bank of Southwestern Indiana.

Crane Credit Union's deal for Our Community Bank comes two months after it agreed to acquire Community State Bank of Southwestern Indiana.

Heritage Trust Federal Credit Union will buy the bank's deposits and assume its liabilities.

The credit union has agreed to buy Elberfeld State Bank, broadening its reach in the Evansville, Ind., market.

Neil Dauby, the Indiana company's chief commercial banking officer, will have oversight of all operations, reporting directly to Chairman and CEO Mark Schroeder.

The credit union will pay an undisclosed amount for Community State Bank of Southwestern Indiana.

The Odon, Ind.-based credit union would gain six branches by acquiring Community State Bank of Southwestern Indiana.

Funds originally slated to assist credit union employees with attending conferences will now be used to help the state league put on virtual events.

Ball State FCU has announced plans to merge into Financial Center First CU following losses tied to high charge-offs, particularly in the used car area.

Even in the face of soft loan demand, banks in the region have held firm on terms. That should position them well for the next economic downturn.

David Becker, who founded First Internet Bank two decades ago, says traditional banks' digital-only ventures are only making his bank look more mainstream.

An Indiana bank is looking to complete the first outright purchase of a credit union since the financial crisis. Though hurdles exist, some industry observers say more such deals are doable.

First Bank of Berne has agreed to acquire Adams County Credit Union, turning the tables in a year in which 14 credit unions have announced deals to buy banks.

The Pennsylvania company will pay $346 million for MutualFirst Financial.

A successor to Janet Bantz, who has led the Indiana-based institution since 1989, has been selected but not formally announced.

Indiana Members Credit Union will pay cash for Commerce Bank.

3Rivers Federal Credit Union in Indiana will pay about $38 million for West End Bank.