Saturday, July 4, 2009

Bancorp Bank Gets Bigger; Sucks Up Two More Little Ones in Indiana

First Financial Bancorp absorbs two Indiana banks and extends their presence throughout the state.

exerpt from article;

These transactions are a continuation of First Financial's plan to significantly extend its reach into central and southeastern Indiana where the company already has announced plans to build a new banking center in Columbus, Indiana, later this year. Furthermore, these banking centers are a strategic fit with the company's recently established Indianapolis market.

First Financial currently operates 29 banking centers in Indiana. Upon closing the proposed Irwin banking center transaction later this quarter and when combined with the Peoples Community Bank transaction expected to close later this month, First Financial will operate a total of 36 banking centers in 27 communities in Indiana.

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