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1st Source Bank announces the promotion of Shelli Alexander

By: 1st Source Bank Last Updated: July 17, 2020

Experienced business banker to lead Central Region

South Bend, Ind. – 1st Source Bank is pleased to announce the promotion of Shelli Alexander, SVP, Business Banking Manager to Regional President of the Bank’s Central Region, which encompasses St. Joseph County, southwestern Michigan and Kalamazoo. This brings together all Business Banking, Private Banking, and branch personnel in these contiguous markets into one unit, which is consistent with the Community Banking approach of the Bank.

Alexander joined 1st Source in 2012 as a Business Banker having had 18 years of prior banking experience and a few years as an entrepreneur and business owner. She quickly established a reputation as a Business Banker committed to building deep and enduring relationships with clients delivering straight talk and sound advice keeping their best interests in mind for the long term. In 2015 she helped start and has led the Bank’s successful national Solar Financing business. In that role, and as head of Business Banking for the Central Region, she has distinguished herself as an effective, client-focused and caring leader which prepares her well for her new responsibilities.

Alexander recently graduated from the University of Notre Dame Executive MBA program and graduated with a BS in Accounting and Business Administration from Indiana University South Bend. She has attended the Indiana Banker’s Leadership Program, serves on the Board of The South Bend Regional Chamber of Commerce, has previously been active with the South Bend Rotary Club, Indiana University South Bend Alumni Association Board, River Bend Cancer Board, and is a graduate of the Leadership South Bend/Mishawaka program.

This promotion is part of a strategic effort to provide continued strong leadership to 1st Source and to prepare for smooth transitions of responsibility and authority among the larger 1st Source team in the future. The purpose of these is to enhance our position as a Community Bank with a strong client focus and local leadership who strongly live our values and who have the authority and responsibility to serve clients well and grow the Bank.

1st Source Corporation, parent company of 1st Source Bank, has assets of $6.7 billion and is the largest locally controlled financial institution headquartered in the northern Indiana-southwestern Michigan area. The Corporation includes 80 banking centers, 15 1st Source Bank Specialty Finance Group locations nationwide, eight Trust and Wealth Advisory Services locations and ten 1st Source Insurance offices. For more than 155 years, 1st Source has been committed to our mission of helping our clients achieve security, build wealth and realize their dreams. For more information, visit www.1stsource.com.