Financial Center to absorb Post Office Credit Union in merger
Financial Center First Credit Union, which is among the Indianapolis area’s largest credit unions, plans to merge with the Indianapolis Post Office Credit Union.
Susan Orr
Articles
Local dealmakers say 2025 should be a big year for M&A activity
The promise of a lighter regulatory environment from the Trump administration, lingering effects of the pandemic and a proliferation of would-be buyers all suggest 2025 will be a year of robust dealmaking.
New life sciences consortium aims to give Indiana researchers better access to health data
AnalytiXIN has launched a consortium designed to give Indiana researchers better access to health care data—potentially helping Eli Lilly and Co. and other companies develop new medicines more quickly.
Financial woes affect employees at work, new survey says
In a new report from Indianapolis-based Your Money Line, 61% of respondents reported constant financial anxiety and 84% said their financial concerns contributed to feelings of exhaustion and burnout.
Indianapolis fintech startup Habits lands $1.1M investment
Indianapolis-based Habits Inc., which offers a platform where financial advisers can connect with potential clients, announced this week that it had closed on a $1.1 million round of pre-seed funding.
IAC approves plan to spin off company once known as Angie’s List
New York City-based media conglomerate IAC, which acquired Indianapolis-based Angie’s List in 2017, announced Monday that it plans to spin off its ownership stake in the company, which now operates as Angi Inc.
Executive director of Bloomington entrepreneurship center The Mill announces departure
“The Mill has significant momentum and I feel great about the foundation I’m leaving for the next leader to build upon,” founding executive director Pat East said in his announcement.
Financial advisers in demand in digital age
The industry is in expansion mode, with job growth expected to significantly outpace overall U.S. job growth over the next several years.
Woman sentenced following guilty plea in $1M employer theft case
A former employee of a Greenfield-based contracting business has been sentenced to 30 months in prison on charges that she defrauded her former employer out of more than $1 million.
Fishers-based Pierce Aerospace lands $10M federal contract for drone tech
Fishers-based Pierce Aerospace, whose technology allows users to detect, track and identify drones, has secured a $10 million government contract that could set the company up for future growth.
OneAmerica pledges to raise base pay rate to $22 per hour
Indianapolis-based OneAmerica Financial, the city’s largest private company, announced Wednesday that it will raise its minimum pay rate to the equivalent of $22 per hour for all full-time employees by March.
Indianapolis tech startup Stellar lands $2.7M in seed funding
The seed round was oversubscribed, meaning Stellar Technology Services attracted more investor interest than anticipated.
IEDC, Hoosier startups headed to CES trade show in Las Vegas
The Indiana Economic Development Corp. has selected eight Indiana startups to accompany the organization to CES, the major consumer electronics trade show being held next week in Las Vegas.
Fishers-based Arrive AI files paperwork to go public
Arrive AI, which has developed a “smart mailbox” system for human and drone deliveries, intends to go public via a direct listing on the Nasdaq Global Market.
2024 Year in Review: I-69 opens fully from Indianapolis to Evansville
The final portion of the 150-mile project was completed with the opening of a newly built interchange linking I-69 and I-465.
2024 Year in Review: Central Indiana basks in eclipse totality
Cities across central and southern Indiana, including the entire metro Indianapolis area, were in the path of totality for the April 8 solar eclipse, creating a once-in-a-lifetime tourism opportunity for cities along the route.
2024 Year in Review: Data centers flock to Indiana, draw scrutiny from consumer group
A string of Big Tech companies announced plans this year for large-scale data centers around the state, prompting pushback from a consumer advocacy group that is concerned about the amount of electricity these facilities will consume.
LEAP district developments among year’s top tech stories
The ongoing progress to develop the planned LEAP Innovation and Research District, a 9,000-acre tech park in Boone County, was among the top local tech stories of 2024.
AI, IPOs expected to boost venture funding activity in 2025
After a lackluster few years for venture investing activity, observers expect to see improvement in 2025, both nationally and in Indiana.
Is the run of bank branch closures ending? Maybe.
Even in the era of online banking, banks say they still value the physical location, and several are making significant investments in expanding and improving their branch networks.