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First Financial Acquires To Extend Indiana Footprint

Nick Parmee 1 September 2009

First Financial Acquires To Extend Indiana Footprint

First Financial Bancorp, the US banking group, has acquired three banking centres from Irwin Union Bank and Trust Company, the subsidiary bank of New York-listed Irwin Financial Corporation.

The centres, in the Indiana communities of Carmel, Greensburg and Shelbyville, transitioned to First Financial over the weekend and have now opened as First Financial Bank banking centres.

Total deposits of $84.6 million assumed through this transaction include checking, savings and money market accounts.

The purchase is a continuation of First Financial's plan to extend its reach into central and south-eastern Indiana. The company now operates 36 banking centres in 27 communities in Indiana. In total, First Financial operates 104 banking centres in 63 communities in Ohio, Kentucky and Indiana.

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