News From Terre Haute, Indiana

Business

May 12, 2013

First Farmers rated among top 100 community banks

TERRE HAUTE — First Farmers Bank & Trust of Converse was named one of the 100 top-performing community banks for 2012 by SNL Financial.

SNL Financial is a provider of breaking news, financial data and analysis on banking, insurance, financial services, real estate, energy and media and communications.

First Farmers was ranked 49th nationally among banks with between $500 million and $5 billion in assets. This is the third consecutive year that the corporation has been recognized by SNL Financial (87th in 2011 and 49th in 2010). SNL’s business intelligence service provides investment professionals, from leading Wall Street institutions to top corporate management, with access to an in-depth electronic database, available online and updated 24/7.

The Indiana Bankers Association will present First Farmers Bank & Trust with Five Star Bank designation and a Marketing Excellence Award at the 2013 IBA Mega Conference on Tuesday and Wednesday. The IBA’s Five Star Member program measures and recognizes those IBA members which have made an outstanding association commitment in five designated areas: political awareness, issues advocacy, education, volunteerism and certified professional partnerships. First Farmers will receive the Five Star Award for the fifth consecutive year. The bank will also be recognized for marketing and advertising excellence with the “Maxi” award for the 2012 FFFC Annual Financial Report. This is the 10th time that FFBT has received a “Maxi” award and the fourth time the bank has been so awarded while in the largest asset size category of $1 billion assets and over.

First Farmers Bank & Trust is a $1.2 billion asset community bank based in Converse, operating 24 bank locations in Indiana and Illinois.

 

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