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German-American Bank
German-American Bank

-6.17%

Financial services / Banking and Financial Services

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Company Overview

General information about the German-American Bank company
The German-American Bank, also known as German-American Bancorp, is a financial services company headquartered in Jasper, Indiana. It was founded in 1910 as the German-American Building and Loan Association and became a chartered bank in 1988.
The company offers a variety of banking services, including personal and business checking and savings accounts, loans, mortgages, investment services, and online banking. They also provide insurance services through their subsidiary, German American Insurance.
The bank has a strong presence in southern Indiana and western Kentucky, with over 60 banking centers and over 50 ATMs in the region. They also have an online presence, allowing customers to access their accounts and services from anywhere.
The German-American Bank prides itself on its commitment to the local communities it serves. They support various community organizations and events through sponsorships and donations, and actively encourage their employees to volunteer their time and resources.
In recent years, the German-American Bank has experienced steady growth and has been recognized for its financial stability and performance. It has received numerous awards, including being named a "Top Workplace" in Indiana by the Indianapolis Star and named to the Sandler O’Neill Sm-All Stars Class of 2019 for exceptional growth and performance.
In addition to its banking services, the German-American Bank also offers financial education through its "Money Matters" program, which provides free resources and workshops on topics such as budgeting, saving, and credit management.
Overall, the German-American Bank is a well-established and highly regarded financial institution that is deeply rooted in the communities it serves. It continues to grow and expand its services, while maintaining a strong focus on customer satisfaction and community involvement.
What is special about the German-American Bank company?
The German-American Bank company was a significant financial institution in the United States during the late 19th and early 20th centuries. It was founded in 1871 by German immigrants in New York City and was one of the first large banks in the city to be owned and operated by immigrants.
One of the most notable aspects of the German-American Bank was its focus on providing financial services to the German-American community in the US. This included offering loans and investment opportunities to small businesses and individuals, as well as setting up branches in areas with large German immigrant populations.
The bank also played a significant role in promoting German culture and preserving German language and traditions in the US. It sponsored cultural events and festivals, supported German-language newspapers and publications, and funded the establishment of German schools and churches.
During the early 20th century, the German-American Bank faced increasing discrimination and backlash due to rising anti-German sentiment during World War I. Despite these challenges, the bank continued to serve the German-American community and remained a pillar of support and stability during a time of great turmoil in the US.
Today, the German-American Bank may no longer exist, but it is remembered as a symbol of the strength and resilience of the German-American community and the important role it played in shaping the cultural and economic landscape of the United States.

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