Indianapolis, First Indiana Corp., based out of Indianapolis, is the holding company for First Indiana Bank, a full-service, widely-spread banking institution in Indiana.
In the greater metropolitan area of Indianapolis, First Indiana maintains bank branches in Indy South, close to downtown Indianapolis; the north sector, close to Broad Ripple Village, and in or near the fast-growing suburban cities of Carmel Indiana, Lawrence, Fishers, Zionsville, Speedway, Avon, Brownsburg, Mooresville, Greenwood, Cumberland and Franklin.
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The financial institution represented on the stock market by First Indiana Corp was acquired by Marshall & Ilsley Corp. in 2007 for cash money to the tune of $529 million. M&I thus increased its branches by 32 in the greater Indianapolis area. M&I is an aggressive banking and lending conglomerate based out of Wisconsin whose many branches carry out not only normal banking issues but, like First Indiana Bank, also residential and commercial real estate loans.
Referring to Indianapolis, then M&I president and CEO had this to say: “It’s a really, really good market. It has very nice growth characteristics.” He wasn’t exaggerating. For about the past decade, several of the outlying areas of the Circle City have been drawing more and more attention in the area of Indianapolis real estate and homes for sale. In fact, many of them have been cited as some of the fastest-growing populations in the entire country.
First Indiana Bank was founded back in 1915 and has been a rock of stability and security since its inception. First Indiana Corp has long been cited as one of the 25 largest Indianapolis public companies. Couple all that with its new partner, M&I, with whom they have had an excellent and longstanding relationship, and you have an unbeatable organization that will take financial care of Indianapolis businesses and Indianapolis society for many generations to come.
First Indiana Corp
135 N Pennsylvania St, Suite 2800
Indianapolis, IN 46204