MainSource Bank, a banking subsidiary of MainSource Financial Group, will open its first branch in Seymour, Indiana, to serve the local customers better.
The bank has outlined a plan to build a new branch in Seymour, starting by the end of 2012 and opening it by June 2013.
Until then, the bank will work from a temporary location.
MainSource Bank president and chief executive officer Daryl R Tressler said, "We are excited to join the Seymour community and begin serving the residents with the wide array of financial products and services that MainSource offers."
"We will offer a full range of financial products including traditional deposit and savings options, as well as mortgage lending, consumer lending, small business and commercial banking," Tressler added.
The US lender has hired an entire team of local financial experts who are committed to serve Seymour and the surrounding communities.
The team includes Kevin Gabbard, vice president, commercial banker and market executive; Bruce Wynn, vice president, business development officer; and Blake Fish, branch manager.
MainSource Financial Group is a community-focused, financial holding company with assets of nearly $2.8bn and the bank manages 76 full-service offices throughout Indiana, Illinois, Kentucky and Ohio.