2023-08-24 19:07:07
German American Bancorp, Inc. is a financial holding company. The company, through its banking subsidiary German American Bank, operates approximately 77 bank branches in 20 contiguous counties in southern Indiana and 14 counties in Kentucky. Its segments include Core Banking, Wealth Management Services and Insurance. Core banking consists of attracting deposits from the general public and using these funds to make consumer loans, commercial and agricultural loans, commercial and agricultural real estate loans, and residential mortgage loans, primarily in local markets. the society. The core banking segment also includes the sale of residential mortgage loans in the secondary market. The Wealth Management segment is engaged in providing trust, investment advisory, brokerage and retirement planning services to clients. The insurance segment offers a full range of property and casualty insurance products for individuals and businesses, primarily in the local markets of the company’s banking subsidiary.
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