News From Terre Haute, Indiana

Business

August 5, 2012

BUSINESS BRIEFS: Aug. 5, 2012

Paris, Ill.

First Farmers Financial Corp. reports earnings of $6.13 million

First Farmers Financial Corp. has released its June 30 report of financial performance.

The company reported record earnings of $6.13 million for the six months ended June 30, an increase of 18.1 percent over the same period in 2011.   The company’s return on average assets was 1.24 percent for the first half of 2012 while return on average equity was 15.49 percent. As of June 30, total equity surpassed $80 million, an increase of 14.3 percent from June 30, 2011, while total assets increased to $1.1 billion reflecting the successful acquisition of First Citizens of Paris (Ill.), former holding company of Citizens National Bank, completed May 1. Earnings per share for the company for the first six months of the year were $3.46 with dividends paid of $0.68 for the same period.

First Farmers Financial Corp. is the holding company of First Farmers Bank & Trust-Co., a $1.1 billion asset bank based in Converse operating 24 banking locations in Indiana and Illinois.

Terre Haute

CoWorx Staffing Services opens

location in Terre Haute


CoWorx Staffing Services has opened a new branch at 2800 Poplar Street in Terre Haute.

CoWorx has been providing staffing services since 1974 through its branch offices located throughout the United States. CoWorx provides complete workforce management solutions from temporary labor to strategic workforce partnerships.

“We are excited to be a part of Vigo County’s business community and look forward to developing strong partnerships within the county,” said Michael Epstein, CoWorx’ CEO. “This new office is part of our multi-stage plan to expand in key locations throughout the United States.”

The CoWorx Terre Haute office is in the lower level of the Meadows Shopping Center and will be headed by Stefani Lintzenich, who will serve as the operations manager.

A grand opening ceremony is planned for 11:30 a.m. Tuesday to include a special ribbon cutting ceremony with the Terre Haute Chamber of Commerce and an appearance from Mayor Duke Bennett.

Terre Haute

‘Power of Diversity’ workshop

coming up at Vigo library


The Indiana Civil Rights Commission’s “The Power of Diversity-Fair Housing” workshop is scheduled for Aug. 17 at the Vigo County Public Library at One Library Square.

The schedule of events is as follows:

• 8:15-8:45 a.m. — registration and continental breakfast

• 8:55 a.m. — welcome and opening remarks

• 9-10 a.m. — Fair Housing Overview (1.0 CEU Credits); instructor Joshua Brewster — deputy director and chief legal counsel Indiana Civil Rights Commission — this session will include a general overview of the Fair Housing Act (Title VIII of the Civil Rights Act of 1968); and Fair Housing Amendments Act. This overview will include the historical context of legislation, discriminatory acts and penalties. This will include theories of discrimination, items of specific prohibition and definitions and exemptions.

• 10-10:45 a.m. — Expanding Fair Housing-Part I (2.0 CEU Credits); instructor Merilyn D. Brown — attorney adviser, Office of Fair Housing and Equal Employment U.S. Department of Housing and Urban Development

• 10:45-11 a.m. — break

• 11-12:15 p.m. — expanding Fair Housing-Part II — This segment of the training will give an in-depth look at the Fair Housing Administration’s obligation to due process as it relates to providing fair housing options to diverse populations. It will also include the enforcement process and recent legal updates.

• 12:15-12:30 p.m. — closing remarks and workshop wrap-up

Sessions will repeat in the afternoon from 2-5 p.m.

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