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Working at 1st Source Bank

Zippia score 4.3

Overview

JobsSalaryRevenueLocationsReviewsHistoryDemographicsCompetitorsCEO & Executives

1st Source Bank overview

Industry
Finance
Revenue
$26.7M
Headquarters
South Bend, IN
Employees
1,150
Founded in
1863
Website
Organization type
Public
CEO
Christopher J. Murphy III
Social media
1st Source, Their mission is to help Their clients achieve security, build wealth and realize their dreams. They do this by providing straight talk and sound advice and always keeping their best interests in mind. They are a community bank with community values. These same principles have set Their standard for providing outstanding client service for more than 150 years.
The staff at 1st Source Bank come from unusually diverse demographic backgrounds. The company is 70.1% female and 29.1% ethnic minorities. 1st Source Bank employees are slightly more likely to be members of the Democratic Party than the Republican Party, with 57.0% of employees identifying as members of the Democratic Party. Despite their political differences, employees at 1st Source Bank seem to be happy. The company has great employee retention with staff members usually staying for 5.3 years.The average employee at 1st Source Bank makes $34,009 per year. Pay at 1st Source Bank is significantly lower than some of its highest paying competitors, like Bank of the West, Stifel Financial, and North Western Bank NA, which pay $83,013, $78,156, and $58,310, respectively.
A large finance company with 1,150 employees and an annual revenue of $26.7M, 1st Source Bank is headquartered in Indiana.

1st Source Bank's mission statement

To help our clients achieve security, build wealth and realize their dreams. We do this by providing straight talk and sound advice and always keeping their best interests in mind. We are a community bank with community values.

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4.0/5

1st Source Bank employee reviews

Based on 1 ratings

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1st Source Bank employee reviews

1st Source Bank employee reviews
4.0/5

Based on 1 ratings

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Employee reviews
profile
4.0
A zippia user wrote a review on Dec 2020
Pros of working at 1st Source Bank

I love the people and the pto

Cons of working at 1st Source Bank

Banking isn't t really my passion

1st Source Bank benefits

Vacation/pto is my favorite perk

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The team at 1st Source Bank

  • The key people at 1st Source Bank is Christopher J. Murphy III.
Key people
Christopher J. Murphy III
The inside scoop
1st Source Bank has been providing its clients a convenient and friendly way to bank for over 150 years. This trusted company always aims to listen to their clients, understand their needs and always keep their best interests in mind. 1st Source Bank is a top-reated bank that is recognized for their integrity and exceptional service. They offer personal checking, consumer loans, mortgage loans and personal insurance coverage.

1st Source Bank rankings

1st Source Bank is ranked #15 on the Best Finance companies to work for in Indiana list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

Read more about how we rank companies.

1st Source Bank salaries

Average 1st Source Bank salary
$16.35
hourly
$34,009 yearly
Updated March 14, 2024

Evaluate 1st Source Bank's commitment to diversity and inclusion.

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1st Source Bank diversity

9.3
Diversity score
We calculated 1st Source Bank’s diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of 1st Source Bank’s workforce.
1st Source Bank diversity summary. Zippia estimates 1st Source Bank's demographics and statistics using a database of 30 million profiles. Zippia verifies estimates with BLS, Census, and current job openings data for accuracy. We calculated 1st Source Bank's diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of 1st Source Bank's workforce.
  • 1st Source Bank has 1,150 employees.
  • 70% of 1st Source Bank employees are women, while 30% are men.
  • The most common ethnicity at 1st Source Bank is White (71%).
  • 12% of 1st Source Bank employees are Hispanic or Latino.
  • 9% of 1st Source Bank employees are Black or African American.
  • The average employee at 1st Source Bank makes $34,009 per year.
  • 1st Source Bank employees are most likely to be members of the democratic party.
  • Employees at 1st Source Bank stay with the company for 5.3 years on average.

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1st Source Bank office locations

1st Source Bank is headquartered in South Bend, IN

Biggest 1st Source Bank locations

RankCityJob countAvg. salary
1South Bend, IN28$32,963

1st Source Bank financial performance

9.7
Performance score

We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

1st Source Bank currently has 26.7M in revenue. 1st Source Bank's most recent quarter produced 5.3m (q3'2022).

Highest paying 1st Source Bank competitors

Compare 1st Source Bank salaries to competitors, including Bank of the West, Stifel Financial, and North Western Bank NA. Employees at Bank of the West earn the highest average yearly salary of $83,013. The salaries at Stifel Financial average $78,156 per year, and the salaries at North Western Bank NA come in at $58,310 per year.
RankCompanyAverage salaryJobs
1$83,0130
2$78,1560
3$58,3100
4$56,7770
5$55,3140
6$53,2110
7$52,4950
8$51,0170
9$48,0330
10$45,7120
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    Updated March 14, 2024

    Zippia gives an in-depth look into the details of 1st Source Bank, including salaries, political affiliations, employee data, and more, in order to inform job seekers about 1st Source Bank. The employee data is based on information from people who have self-reported their past or current employments at 1st Source Bank. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by 1st Source Bank. The data presented on this page does not represent the view of 1st Source Bank and its employees or that of Zippia.

    1st Source Bank may also be known as or be related to 1ST SOURCE CORP, 1st Source, 1st Source Bank, 1st Source Corporation and 1st Source Insurance Inc.