MSFG Profile
MainSource Financial Group, Inc. (MSFG) was a bank holding company that provided financial services through its subsidiary, MainSource Bank, to individuals, businesses, and communities in Indiana, Illinois, Kentucky, and Ohio. The company was founded in 1904 and was headquartered in Greensburg, Indiana, USA.
MSFG's product offerings included a wide range of banking and financial services, including checking and savings accounts, loans, mortgages, wealth management, and insurance. The company's services were designed to help customers achieve their financial goals and support local communities. MSFG had a strong market presence in the banking industry and had a loyal customer base.
In 2018, MSFG was acquired by First Financial Bancorp, a Cincinnati-based bank holding company. The acquisition expanded First Financial Bancorp's market position in Indiana and increased its assets, deposits, and loan portfolio.
Investing in bank holding companies like MSFG carries certain risks, including the potential for market fluctuations, regulatory risks, and credit risks. Additionally, the performance and returns of bank holding companies can be influenced by various factors, including changes in interest rates, economic conditions, and government policies. Potential investors should carefully consider these risks before making any investment decisions.
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