1ST SOURCE BANK

Bank · South Bend, United States · overall 4.6 / 10

How this 4.6 is built

Average of 6 scored needs: 4.6. Regulation in United States: 87/100 (World Bank governance indicators). Licence confirmed by a regulator's own list. 2 scores backed by filings or its own pages.

1st Source Bank is recorded in the global register as a bank in South Bend, United States. The register shows its licence as licensed. Total assets 9.26 bn USD at 2026-06-30. It reports 81 offices. Established 1922. Collected from open registers.

On its own website: “Serving the northern Indiana-southwestern Michigan area with nearly $8 billion in assets and more than 1100 employees, 1st Source is here for you.”

Legal name: 1st Source Bank
Licence confirmed: yes, on a regulator's own list
Established: 1922
Website: www.1stsource.com/

Scores, 0 to 10

6.0United States

Licensed and operating in its home country per the register entry; the depth of its offer here has not been checked yet. · source

5.0Best interest on business balances

Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source

5.0Trade, manufacturing & import-export

Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source

5.0Financial strength & stability

Financial strength placed by total assets from the public register. · source

4.5Fast digital onboarding

Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source

4.0Cross-border payments, FX and multi-currency accounts

Its own business page names SWIFT, so payments can leave the country. The score stops at 4.0 because the page did not give the currencies the account holds or the margin on the exchange rate, and the rubric needs both to go higher. · source

4.0Lowest fees

The bank's own page names a monthly account charge, and per-item pricing on top of it. Transfer and card prices were not read on that page, so this score speaks only for the monthly charge. It reads: “The nonprofit account advertises no minimum balance or monthly fee, with 150 monthly transactions and $0.40 for each additional transaction; eligibility is limited to qualifying organisations.” · source

Sources

Built on public information and the BankStore team's own aggregated experience; no confidential client or partner data. Bank Index and BankStore are not banks. This is information, not financial advice.