Two local banks have received recognition from Newsweek

Two local banks have been named as part of Newsweek's America's Best Regional Banks 2024.

Old National Bank, headquartered in Evansville, and German American Bank, headquartered in Jasper, Indiana, are among the 250 banks across the nation to receive the recognition.

"Unlike large national banks, regional banks are deeply rooted in local economies, understanding the unique needs of the people they serve ... regional banks stand out for their customer-centric financial services, proving that a community-centered approach can redefine banking experience,” Nancy Cooper, Newsweek's editor, said in a news release.

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The study, conducted by Newsweek and Plant-A Insights Group, covered aspects such as profitability, financial relevance, risk exposure to financial uncertainties and overall health and stability of the financial institution.

"Our inclusion as one of America’s best regional community banks speaks to the strength of our company and the dedicated efforts of our relationship and community-focused team of professionals,” said Neil Dauby, the CEO and chairman of German American Bank.

Old National Bank officials expressed similar sentiments.

“We continue to take pride in building deep, consultative relationships with clients while also working to strengthen, build, and support their communities," CEO Jim Ryan said in a statement. "These strong relationships in providing for everyday banking needs up to wealth management and retirement options create Old National clients for life."

This article originally appeared on Evansville Courier & Press: Old National, German American banks recognized by Newsweek