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First Merchants Bank has named a new market president for Northwest Indiana.
The Muncie-based bank, the second largest in Indiana after only Old National, promoted Scott Steinwart to serve as market president for the northwest region.
He'll lead local bank operations in Northwest Indiana, Chicagoland, South Bend and Mishawaka. The bank has a large footprint in the area after its acquisition of Citizens Financial Bank in Munster.
“Scott is a proven leader and exceptional Commercial Banker who has been serving commercial small to upper middle market clients for the past 30 years," First Merchants Bank President and CEO Dale Clapp said.
Steinwart first joined First Merchants in 2010, starting as a senior vice president and commercial manager. He most recently served as the regional chief sales officer for the northwest market for the last four years. In that role, he managed commercial lenders in Northwest Indiana, greater Chicagoland and Michiana.
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He's a Valparaiso University graduate who earned a master of business administration degree from Indiana University. He serves on the boards of the Campagna Academy and the Crisis Center, overseeing its annual wine tasting fund raiser for the past five years.
Steinwart also previously served as treasurer for the Valparaiso Family YMCA, on the Finance Committee of the Food Bank of Northwest Indiana, as president for the University Club of Northwest Indiana, as board president for Opportunity Enterprises and as president of Christ Lutheran church.
He serves as a trustee of John W. Anderson Foundation in Valparaiso, a group which supports charitable causes throughout Lake and Porter County.
First Merchants has $18.3 billion in assets and branches and offices in Indiana, Illinois, Michigan and Ohio.
A look back at Northwest Indiana businesses that closed in 2023
A look back at Region businesses that closed in 2023
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Beer Geeks, one of the Region's first, most beloved and most influential craft beer bars, closed after more than a decade and is being reimagined as a new concept.
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88-year-old White Castle in Whiting, one of Chicago area's first, coming down to be replaced with new restaurant
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The landmark 88-year-old castle-shaped White Castle in Whiting is coming down to be replaced with a newer, larger, more modern White Castle restaurant.
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The longtime Westforth Sports gun shop is closing.
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The Silver Line Building Products plant at16801 Exchange Ave. will be shuttered permanently.
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Brewfest in Highland will close in what's been called "an end of an era."
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David's Bridal files for bankruptcy, could close all stores
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David's Bridal filed for bankruptcy and could close all stores if no buyer emerges to save it.
Whiting News
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88-year-old Whiting White Castle will end up on display in museums in Illinois and Indiana
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The 88-year-old Whiting White Castlewill be remembered with displays at museums in two different states.
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88-year-old Whiting White Castle serves last sliders to nostalgic crowd
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For years, the "millionaire's club" met every morning in the corner booth of the historic 88-year-old White Castle at Indianapolis Boulevard and 119th Street in downtown Whiting. The landmark restaurant served its final slider Tuesday.
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Peoples Bank closes downtown Hammond branch
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Peoples Bank has shuttered its branch in downtown Hammond.
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Walmart is closing its big-box store in Homewood.
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Chicago Auto Show returns with smaller footprint, no Camp Jeep track
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