1st Source Bank is a bank based in South Bend, Indiana, established in 1922, with $9.1 billion in total assets across 81 branches. By Trust Grade it ranks 27th of 89 banks we track in Indiana. Its capital ratio of 13.5% is stronger than 88% of similarly sized banks, versus a Indiana median of 9.6%. It was profitable over the most recent period, with a 1.83% return on assets. No consumer complaints against 1st Source Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How 1st Source Bank compares to Indiana peers
How we graded 1st Source Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (13.5% capital ratio)
- Strongly profitable (ROA 1.83%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for 1st Source Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (81)
- 109 N Main St, North Liberty, IN 46554
- 405 E Mckinley Ave, Mishawaka, IN 46545
- 4720 Lincolnway E, Mishawaka, IN 46544
- 4009 Red Arrow Hwy, Saint Joseph, MI 49085
- 715 Ship St, St. Joseph, MI 49085
- 518 N Michigan St, Argos, IN 46501
- 312 N Center St, Plymouth, IN 46563
- 6043 Central Ave, Portage, IN 46368
- 1500 S Calumet Rd, Chesterton, IN 46304
- 2700 Calumet Ave, Valparaiso, IN 46383
- 221 S Main St, Kouts, IN 46347
- 2356 Morthland Dr, Valparaiso, IN 46385
- 2800 Calumet Ave, Valparaiso, IN 46383
- 218 N Washington St, La Crosse, IN 46348
- 501 N Flynn Rd, Westville, IN 46391
- 2230 S Bend Ave, South Bend, IN 46635
- 52990 State Rd 933, South Bend, IN 46637
- 2323 S Michigan St, South Bend, IN 46614
- 4505 W Western Ave, South Bend, IN 46619
- 4105 Lincoln Way W, South Bend, IN 46628
- 12460 State Rd 23, Granger, IN 46530
- 848 W Michigan St, New Carlisle, IN 46552
- 2060 E Ireland Rd, South Bend, IN 46614
- 5445 State Road 993 North, Notre Dame, IN 46556
- 131 E Franklin St, Elkhart, IN 46516
- 6909 Grape Rd, Mishawaka, IN 46545
- 201 South Michigan St, Lapaz, IN 46537
- 2020 E Bristol St, Elkhart, IN 46514
- 225 N Main St, South Bend, IN 46601
- 101 S Main St, Goshen, IN 46526
- 325 S Lake St, Warsaw, IN 46580
- 3395 Willowcreek Rd, Portage, IN 46368
- 1751 W Lexington Ave, Elkhart, IN 46514
- 4594 Elkhart Rd, Elkhart, IN 46517
- 1600 E Market St, Nappanee, IN 46550
- 223 S Front St, Dowagiac, MI 49047
- 809 Wayne St, Middlebury, IN 46540
- 1600 Hilltop Rd, St. Joseph, MI 49085
- 3655 Portage Rd, South Bend, IN 46628
- 205 W Jefferson Blvd, South Bend, IN 46601
Are deposits at 1st Source Bank insured?
Yes. 1st Source Bank is an FDIC-insured bank (FDIC certificate #9087). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
1st Source Bank: frequently asked questions
Is 1st Source Bank a good bank?
1st Source Bank earns a Bankzia Trust Grade of A (98/100, "Excellent"), based on a financial-strength score of 98/100 (it has no CFPB complaints on record). Strongly capitalized (13.5% capital ratio); Strongly profitable (ROA 1.83%).
Is 1st Source Bank FDIC-insured?
Yes. 1st Source Bank is a FDIC-insured bank (FDIC certificate #9087). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is 1st Source Bank?
1st Source Bank holds $9.1 billion in total assets, ranking 27th of 89 banks we track in Indiana. It operates 81 branches.
Does 1st Source Bank have CFPB complaints?
No CFPB complaints against 1st Source Bank appear in our data over the analysis window, which is typical for a bank of this size.
Similar Banks
Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
