A new bank has opened in Indianapolis that will center on underserved communities.
Generations Community Bank, an effort led by Evansville, IN-based Old National Bank, has opened its doors in Indianapolis, specifically in the Indy Health District, at 2110 N. Illinois St., after four years. According to BizVoice Magazine, the startup bank aims to close longstanding gaps in access to capital for minority, low-income, and underserved communities. Its offerings will include small-business lending, home financing, and community-focused development designed to support financial stability and wealth.
“At Generations Community Bank, we want to listen to our customers, explain things, educate and collaborate, so the people we’re serving have the resources they haven’t had before. That’s how we plan to stay proximate to the communities we serve,” Generations Community Bank President and CEO Al London told the outlet…