Company Research Report: Community First Bank of Indiana

Company Overview

• Name: Community First Bank of Indiana

• Mission of the Company: Community First Bank of Indiana aims to partner with customers to build a better future.

• Founded: The bank commenced operations on February 3, 2003.

• Founders: No specific founders' names were provided.

• Key People:

• Robb Blume, President & CEO

• Monica Gremelspacher, Chief Financial Officer

• Tracy Herr, Controller

• Headquarters: Kokomo, Indiana, USA

• Number of Employees: No information is available.

• Revenue: No information is available.

• Known For: Community First Bank of Indiana is recognized for providing a full range of banking and financial services tailored towards individuals and corporate customers within Indiana, with a community-driven approach.

Products

• Products Offered:

• Personal Checking or Savings Accounts

• Home Loans

• Personal Loans

• Online Banking Services

• Business Banking Services

• Product Descriptions:

• Personal Accounts: Offer checking and savings account options for individuals with competitive rates.

• Home Loans: Provide various mortgage options for home buyers.

• Personal Loans: A variety of loan options to meet personal financial needs.

• Online Banking: Convenient online tools for managing accounts, making payments and transactions efficiently.

• Key Features:

• Competitive rates and personalized banking services.

• Online and mobile banking solutions.

• Local community-driven banking services.

Recent Developments

• New Developments:

• October 25, 2024: Carlonda Davis earned the Certified Community Bank Risk Specialist designation.

• October 11, 2024: Community First Bank of Indiana welcomed Hartley and Kobaree to the team.

• October 4, 2024: Promotion of Smith to Commercial Lender.

• August 26, 2024: Community First Bank in partnership with FHLBank Indianapolis awarded Elevate Small Business Grant to two local companies.

• July 18, 2024: Celebrated recent promotions within the bank.

• New Products or Features: No specific new products were mentioned.

• Partnerships: Partnership with FHLBank Indianapolis for awarding small business grants.

Community Engagement

• Community Involvements:

• Recognized for significant community service and engagement.

• Participates in numerous local events such as park clean-ups, festivals, and concerts.

• Donated over $1 million to various community causes and supports numerous local non-profits.

• Recipient of Indiana Bankers Association ‘Commitment to Community’ Award.

Investor Relations

• Assets: The bank has grown to $700 million in asset size.

• Branches: Presence in Kokomo, Westfield, Noblesville, Indianapolis, Fishers, and surrounding areas in Indiana.

• Stock Information: The bank remains a privately traded entity.

Contact Information

• Email: info@cfbindiana.com

• Phone: 765-236-0600

Conclusion

Community First Bank of Indiana distinguishes itself through a strong commitment to community involvement and a locally governed banking model that provides comprehensive financial services tailored to the needs of individuals and businesses in Indiana. Its strategic partnerships and consistent community engagement emphasize its role as a genuine force for good within the communities it serves.