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Two banks consolidate to form iAB Financial
Updated: Tuesday, 09 Oct 2012, 3:25 PM EDT
Published : Tuesday, 09 Oct 2012, 3:25 PM EDT
FORT WAYNE, Ind. (WANE) The consolidation of two banks is now complete. The unveiling of the iAB Financial Bank sign at a branch located in the Northbrook Shopping Center near Lima and Dupont took place Tuesday morning.
Grabill Bank and MarkleBank have formed Independent Alliance Banks, also known as iAB Financial.
The consolidation plans have been in the works for several years as a way to make the two banks more efficient and to control costs and position the company for future growth.
Customers can expect to be served by the same people they've worked with at their local, community bank for more than 60 years.
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