NEW CASTLE, IN, January 9, 2023: The U.S. Small Business Administration (SBA) recently announced a record dollar volume of SBA-backed loans to Indiana businesses in Fiscal Year 2022 (FY 22). “During FY 22, SBA helped Indiana entrepreneurs access over $925 million through our traditional 7(a) and 504 loan programs—an increase of $15 million from FY 21 totals. The 504 loan volume saw an incredible 32% increase in FY 22 over the FY 21 record year. We couldn’t have achieved these record numbers without the hard work and dedication to small business growth from our SBA lending partners. We are grateful for their support and look forward to the continued growth of this collaborative partnership,” said SBA Indiana District Director Stacey Poynter.
In that environment, Citizens State Bank is proud to announce the Bank earned Community Lender - Bronze for FY 22. 1st Source Bank (81 locations) earned Gold, while Centier Bank (58 offices) earned Silver. “This was a tremendous team effort that reflects us living our mission,” announced John P. DeLucia, Chief Lending Officer. Kirby Purciful, President, added, “This is a great accomplishment for a community bank and proof that being committed to our clients’ financial success - while supporting our team members - is a powerful combination.”
About Citizens State Bank Citizens State Bank is a fourth-generation family-owned community bank that has offered a full range of financial services in central Indiana since 1873. Our mission is to help our clients, co-workers, and communities succeed. We believe every client deserves to have a banker they can count on, and we are committed to being a responsible, knowledgeable banking partner. To learn more, call 888-529-5450 or visit www.mycsbin.com.