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German American history
German American company history timeline
1910-50s: The Beginnings of a Community Staple
Business leaders in a small town rich in German-American heritage, Jasper, Indiana, organized and opened a bank in 1910.
In the 1940’s, the bank was ready to expand and purchased the office building it occupied.
There was no similar outpouring for Eisenhower in 1952, who won in spite of only mild German support.
1962: The first branch office, in Dubois, Indiana, is opened.
Clem Eckstein headed the bank for only two years, and upon his death in 1964, O. Leo Beckman became German American's fourth president.
The Ferdinand office, which opened for business on March 17, 1980, was housed in a newly built two-story structure.
In 1980, the bank established a branch in Ferdinand, Indiana, a small town to the south of Jasper.
The 1980 census revealed that people of German heritage were the largest ethnic group in the United States, raising the question what significance this fact holds.
In 1983, the owners of German American Bank formed a holding company--German American Bancorp (GAB)&mdash preparation for taking advantage of merger opportunities.
1983: The German American Bancorp holding company is established.
In May 1986, GAB made its first acquisition when it purchased the Bank of Ireland.
In the early part of 1987, the company opened still another office, in the community of Huntingburg, Indiana.
New York: German Information Center, 1988.
In the 1990 United States census, 58 million Americans claimed sole German or part-German descent, demonstrating the persistence of the German heritage in the United States.
1993: Bancorp goes public on NASDAQ.
1994: An aggressive acquisition program is initiated.
In the summer of 1998, German American Bancorp made two more acquisitions: FSB Bank of Francisco, Indiana, and Citizens State Bank of Petersburg, Indiana.
In July of 2000, the company announced that it had, for the first time in its history, exceeded $1 billion in assets.
He spent three yearlong guest professorships at German universities, two on Fulbright lectureships, and served as President of the Society for German-American Studies, 2015-17.
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| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Ballston Bancorp | - | $20.2M | 6 | 23 |
| Lake City Bank | 1872 | $282.6M | 592 | 6 |
| Wayne Bank | 1870 | $1.7M | 263 | 33 |
| Stock Yards Ban | 1904 | $741.0M | 820 | 38 |
| Patriot Bank | 1999 | $36.8M | 115 | 9 |
| First Keystone Community Bank | 1864 | $45.6M | 100 | 5 |
| Parke Bank | 1999 | $1.0B | 85 | 2 |
| Mid Penn Bank | 1868 | $41.2M | 438 | 120 |
| Commercial National Financial | 1934 | $21.3M | 100 | 1 |
| Trustmark | 1889 | $116.4B | 2,680 | 303 |
German American history FAQs
Zippia gives an in-depth look into the details of German American, including salaries, political affiliations, employee data, and more, in order to inform job seekers about German American. The employee data is based on information from people who have self-reported their past or current employments at German American. 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 German American. The data presented on this page does not represent the view of German American and its employees or that of Zippia.
German American may also be known as or be related to GERMAN AMERICAN BANCORP INC., German American, German American Bancorp, German American Bancorp Inc and German American Bancorp, Inc.