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Markets & Investing

Third Quarter Earnings Steady for 1st Source Corporation, Dividend Declared

rot31st Source Corporation (NASDAQ:SRCE), parent company of 1st Source Bank, today announced third quarter net income of $14.95 million, up slightly compared to $14.90 million in the third quarter of 2013. The third quarter 2013 included $2.07 million of interest recoveries and expense reimbursements compared to $0.39 million in interest recoveries in 2014. However, for the first three quarters of the year, net income was $43.07 million versus $41.24 million a year earlier, a 4.44% increase. Diluted net income per common share for the third quarter of 2014 was $0.62 versus $0.60, up 3.33% over the same period in 2013. Diluted net income per common share for the first three quarters was $1.77 in 2014 compared to $1.67, up 5.99% over the previous year.

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Keep Tabs on Your Account with eAlerts from REGIONAL

eAlertsDid you know you could set up automated email alerts for your REGIONAL account? Simply login to Online Banking and select "Member Alerts" from the "Online Services" menu, and click "Setup a New Alert" to get started.

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Horizon Announces Mary D. Wright as Vice President, Treasury Management Sales Manager

Mary-WrightCraig M. Dwight, Chairman and Chief Executive Officer of Horizon Bank, N.A., is pleased to announce the promotion of Mary D. Wright to Vice President, Treasury Management Sales Manager. She is responsible for overseeing the sales process of the Business Banking Officers and assisting with Treasury Management sales, implementation and installations in Lake, Porter, LaPorte and Berrien Counties.

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Free Home Buyer's Education Seminar at REGIONAL - $150 off Closing Costs!

REGIONAL-FCU-Free-Home-Buyers-SeminarBuying a new home is exciting, but it can also be intimidating. Come to this FREE seminar at REGIONAL and learn what you need to know. The seminar will last approximately two hours.

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Bison Financial Group: Don't Follow the Herd

rot1There’s a theory on Wall Street that goes something like this: If you follow the crowd and buy the hot investment of the day, chances are you’ll be scooping up shares when most others are about to sell. This natural “herd instinct” of buying when everyone is euphoric may mean you’ve entered the game too late and are buying at the wrong time.

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Teach Your Children Well: Basic Financial Education

horizon-teachchildrenEven before your children can count, they already know something about money: it’s what you have to give the ice cream man to get a cone, or put in the slot to ride the rocket ship at the grocery store. So, as soon as your children begin to handle money, start teaching them how to handle it wisely.

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REGIONAL Federal Credit Union Free Educational Seminar: " How to Spot a Scam from a Mile Away"

Free-Scam-Seminar-REGIONAL-FCUWith hundreds of different scams making the rounds, it can be daunting to remember the details to every type of shakedown, sham, swindle and flimflam.

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