Who is Irwin Union Bank?
The history of Irwin Union Bank can be traced to a safe in a Columbus, Indiana, dry goods store in the 1860s. The store’s owner, Joseph I. Irwin, was well respected in the community and other merchants in town trusted his integrity enough to keep their cash in the store’s safe. It became known as the “safest safe” in town. When a worker tried to cash a “check” from his employer (which, legend has it, was written on sycamore bark), Irwin realized he was in the banking business. Irwin opened a banking department in his store. In 1871, when another bank in town failed, he officially established Irwin’s Bank as a separate entity. Today, Irwin Union Bank and Trust Company and Irwin Union Bank, F.S.B. (wholly owned subsidiaries of Irwin Financial Corporation – NYSE: IFC), operate locally managed banks in ten Midwest and Western states including Indiana, Michigan, Utah, Nevada, Arizona, Missouri, Nevada, New Mexico, Wisconsin, Kentucky, and California. Irwin Union Bank continues to focus on t
The history of Irwin Union Bank can be traced to a safe in a Columbus, Indiana, dry goods store in the 1860s. The store’s owner, Joseph I. Irwin, was well respected in the community and other merchants in town trusted his integrity enough to keep their cash in the store’s safe. It became known as the “safest safe” in town. When a worker tried to cash a “check” from his employer (which, legend has it, was written on sycamore bark), Irwin realized he was in the banking business. Irwin opened a banking department in his store. In 1871, when another bank in town failed, he officially established Irwin’s Bank as a separate entity. Today, Irwin Union Bank and Trust Company and Irwin Union Bank, F.S.B. (wholly owned subsidiaries of Irwin Financial Corporation – NYSE: IFC), operate locally managed banks in nine Midwest and Western states including Indiana, Michigan, Utah, Nevada, Arizona, Missouri, Nevada, New Mexico, Kentucky, and California. Irwin Union Bank continues to focus on the princip
