Indianapolis, IN
First Farmers Bank & Trust to open Carmel branch – Indianapolis Business Journal
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.
INDIANAPOLIS — Indiana is under a heat advisory with temperatures in the 90s throughout the week.
Many cooling centers will open throughout the state for those that need to find relief from the heat. Hoosiers looking to find cooling centers in their area can contact Indiana 211. To learn more, call 211 or (866) 211-9966.
Avaliable cooling centers can also be found by clicking here.
Marion County
For those living in Indianapolis, Indy Parks has several cooling centers across the city.
Those Cooling Centers are:
- Broad Ripple Park Family Center
- Brookside Park Family Center
- Christian Park Family Center
- Frederick Douglass Park Family Center
- Garfield Park Burrello Family Center
- Krannert Park Family Center
- Grassy Creek Environmental Education Center
- Pride Park Family Center
- Rhodius Park Family Center
- Riverside Park Family Center
- Stanley Strader Park Family Center
- Washington Park Family Center
- Windsor Park Family Center
- Watkins Park Family Center
- Thatcher Park Family Center
For addresses and hours of operations of these cooling centers, click here.
Beech Grove will also have two cooling Centers for residents starting Monday, June 29. Those hours and locations are:
- Beech Grove Senior Center, 602 Main St
- 8 a.m. – 4 p.m., Monday through Friday
- Hornet Park Community Center, 5245 Hornet Ave
- 8 a.m. – 6 p.m., Monday through Friday
Other Central Indiana Cooling Centers
For addresses and hour of operations of cooling centers below, click here.
Marion
- St. Martin Community Center
- Grant County Family YMCA
- Grant County Rescue Mission
Kokomo
- The Kokomo Rescue Mission
- The Excel Center in Kokomo
Peru
- Community Resource Center
- Miami County Courthouse
- Miami County Health Department
- Miami County YMCA
- Peru City Hall
- Peru Public Library
- Peru Schools Administration Building
INDIANAPOLIS (WRTV) — The National Weather Service out of Indianapolis has issued a Heat Advisory for all of Central Indiana and a High Heat Warning for parts of northern Indiana. The Advisory and Warning will go into effect at 12 PM on Monday and will run through 8 PM Thursday.
WRTV
A Heat Advisory means that temperatures in the 90s with dew points in the 70s, will lead to Heat Index values reaching 106. Hot temperatures and high humidity may cause heat illnesses.
Stay cool:
Drink plenty of fluids, check up on relatives and neighbors, and stay in an air-conditioned room when possible. If outside for extended periods of time, make sure to take frequent breaks in the shade as much as you can.
TODAY
Patchy fog early gives way to a partly sunny, warmer, and much less active day. Highs reach the mid to upper 80s, with a light south breeze around 5 mph. After the unsettled Saturday, this looks like a far more usable day for outdoor plans, with most of central Indiana staying dry from start to finish.
TONIGHT
Mostly clear early, then becoming partly to mostly cloudy toward daybreak. Lows hold in the low 70s, with a light south southeast breeze around 5 mph. Humidity stays elevated overnight, but quiet weather continues and there are no meaningful travel concerns.
TOMORROW
Mostly sunny and hot with highs pushing into the low 90s. A south southwest breeze around 5 to 10 mph keeps the air moving, but the bigger story is the heat and humidity building in. Heat index values around or above 100 are possible during the afternoon, so outdoor plans will need extra water and more breaks.
TOMORROW NIGHT
Mostly clear and warm, with lows around the mid 70s and a light south southwest breeze. There will be very little cooling after sunset, and the muggy feel hangs on through the night. Dry weather remains in place.
TUESDAY
Sunny and even hotter, with highs in the low to mid 90s and a light southwest breeze around 5 mph. This is another day where heat becomes the main impact, and it will not take long to feel it during the afternoon. Outdoor work and summer activities will need to be paced carefully.
TUESDAY NIGHT
Clear and warm again, with lows in the mid 70s and a light southwest wind. The air remains sticky overnight, and there is still no meaningful rain signal for Indianapolis.
WEDNESDAY
Mostly sunny and hot, with highs in the low to mid 90s. Wind stays light, becoming south southwest around 5 mph in the afternoon. Heat remains the main concern, and another uncomfortable summer afternoon is expected across central Indiana.
7 DAY FORECAST
After Saturday’s leftover storm chances fade away, the pattern flips quickly toward heat and humidity. Sunday looks quieter and warmer, then Monday through at least Wednesday trend hot with highs in the 90s and heat index values over 100 possible at times. Rain chances stay very low through midweek, with the next better opportunity for showers and storms showing up later Thursday into Friday. Overall, the bigger concern after tonight becomes summer heat rather than repeated storm chances.
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