Indianapolis, IN

First Farmers Bank & Trust to open Carmel branch – Indianapolis Business Journal

Published

1 week ago

April 23, 2024

First Farmers Bank & Trust to open Carmel branch – Indianapolis Business Journal

First Farmers Bank & Trust plans to open a branch in this building at 111 S. Rangeline Road in Carmel. Indianapolis-based LOR Corp. is developing the building.

Converse-based First Farmers Bank & Trust plans to open a full-service branch in Carmel by the end of the year—a move that the bank intends to use as a springboard for future growth in the Indianapolis market.

The new office in Carmel’s Arts & Design District will occupy 2,800 square feet at 111 S. Rangeline Road in a three-story, 50,000-square foot mixed-use building being developed by LOR Corp.

First Farmers first established a physical presence in Carmel last year, when it opened a loan production office at 11711 N. Pennsylvania St.

Based on the results at that office, the bank decided it was time to establish a full-service branch. It plans to incorporate its existing Pennsylvania Street operations into the Rangeline Road office when the new branch opens.

In contrast to the Pennsylvania Street location, which is in an office district, the Rangeline Road location is in a livelier neighborhood with more foot traffic—and is expected to offer the bank better exposure to current and potential customers.

Another tenant in the Rangeline Road office will be 1933 Lounge, a restaurant concept from Indianapolis-based Huse Culinary. Huse, the parent of St. Elmo Steak House and Harry & Izzy’s, opened its first 1933 Lounge above St. Elmo at 127 S. Illinois St. in downtown Indianapolis and its second in Fishers District in 2019.

Matt Maher, First Farmers’ Hamilton County regional president, said the vibrancy of the Arts & Design District, and the presence of 1933 Lounge, will give the bank good visibility to both pedestrians and vehicle traffic.

“People will be able to see us, and I think it’ll give us a lot more brand recognition over time,” he said,

First Farmers, which is headquartered about 55 miles northeast of Carmel, has been doing business in Hamilton County for years. Its Sheridan office opened in the late 1990s and its Cicero branch opened about five years ago.

But the bank, which was founded in 1885, has grown to the point that it feels it can now compete in the Indianapolis market in a bigger way, said First Farmers President and CEO Mark “Doc” Holt.

In the world of banking, assets are a standard measure of a bank’s size. Last year, First Farmers’ assets surpassed $3 billion for the first time.

“That allows us to service a fair number of large commercial real estate customers,” Holt said.

Provided the Carmel branch performs well, Holt said, First Farmers will be looking for future expansion opportunities in the greater Indianapolis market. Holt said he envisions the bank eventually having between five and 10 branches in the market over a still-to-be-determined timeline.

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Indianapolis, IN

Two arrested in road rage shooting along I-65 in Indianapolis

Published

21 mins ago

May 3, 2024

Press Room

Two arrested in road rage shooting along I-65 in Indianapolis

INDIANAPOLIS, Ind. (WPTA) – Two people have been arrested in connection to what WTHR reports as a road rage shooting on I-65 near the 102.2 mile marker in Indianapolis, officials with the Indiana State Police (ISP) say.

ISP officers say just after 1 p.m. on Wednesday, May 1, they received reports of a possible shooting and a car running off the road into a pond. When responders first arrived, they found a man unconscious on the grass near a pond where officers later determined his car had gone into. Police say the man was later pronounced dead at the scene.

According to a release from the police, Andre Briski of Indianapolis and Shawna Rowland of Greenwood were arrested pending the following charges on Thursday, May 2:

Andre Briski
- Murder
- Possession of a firearm by a prohibited person
Shawna Rowland of Greenwood
- Assisting a Criminal
- Obstruction of Justice

Officials say key information provided by witnesses who called to report the incident led to detectives being able to identify the suspect vehicle quickly which in turn led police to arrest Briski and Rowland.

This is an ongoing investigation by the Indiana State Police.

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Indianapolis, IN

Several rain chances coming up

Published

7 hours ago

May 3, 2024

Press Room

INDIANAPOLIS (WISH) — Temperatures remain above average for much of the extended forecast

This morning:

Showers are pushing through the area here this morning. Most of the rain activity is relatively light. Temperatures remain fairly mild, with numbers hovering around 70 this morning.

Friday:

We will continue with our rain and thunderstorm chances for the morning hours. We should start to gradually dry things out by the afternoon with cloudy skies. We can’t rule out an isolated shower storm after lunchtime, but those should be few and far between.

The rainfall amount should be less than half an inch across the state.

High temperatures will top out only in the mid-70s this afternoon.

This weekend:

It should be quiet, cloudy, and somewhere foggy overnight. Temperatures will fall to the upper 50s and lower 60s.

We should have a lot of quiet time over the weekend. No weather issues for the Indy mini marathon on Saturday morning. Temperatures will be hovering in the lower 60s for step-off times. A few spotty thunderstorms will be possible with the heat of the day. High temperatures will top out around 80°.

A broken line of showers and thunderstorms could push through the state late Saturday night or very early Sunday morning. That should clear the area before daybreak on Sunday. The rest of Sunday looks to be partly to mostly cloudy skies and highs into the mid-70s.

8 day forecast:

The weather looks to remain active heading into the next week, with several rain and thunderstorm chances each and every day. As of right now, Monday’s chances are fairly limited. The better chances for thunderstorms will be Tuesday and Wednesday, and a few of those storms could be severe.

Temperatures look to remain above average for this time of year.

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Indianapolis, IN

Indianapolis police fatally shoot male who pointed a weapon at others and threatened them

Published

14 hours ago

May 2, 2024

Press Room

INDIANAPOLIS — Indianapolis police fatally shot a male pointing a weapon at other people and threatening to shoot them Thursday afternoon.

Officers were sent to the scene on the city’s north side on a report of a person armed with a weapon, Officer William Young of the Indianapolis Metropolitan Police Department said in an impromptu news conference.

The male was “pointing a firearm at people (and) threatening to shoot them,” Young said. The situation then escalated into the police shooting.

The suspect was taken to a hospital, where he later died, the police department said in a news release.

Two officers discharged their service weapons, striking the individual, the department said. No officers or uninvolved people were injured, it said.

Detectives found a gun at the scene, the department said.

The shooting will be investigated by the police department’s Critical Incident Response Team and Internal Affairs.

The officers who fired their guns have been placed on administrative leave, which is standard procedure in an officer-involved shooting investigation.

The civilian-majority Use of Force Review Board will conduct a mandatory hearing.

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