Business

By: Ben Freeman, Attorney at Law— Muncie, IN—The familial relationship is complex and sometimes necessitates the involvement of the court. “Family law” is a function of the state government and refers to the rules by which the state regulates the creation, maintenance and dissolution of the family unit. Family law is most commonly associated with divorce, child custody, and child support. Divorce, custody and child support proceedings make up the majority of a family law attorney’s practice. However, the practice…

By: Nicole M. Weaver— Muncie, IN—First Merchants Corporation (NASDAQ – FRME) reported record fourth quarter 2017 net income of $24.4 million, compared to $22.3 million during the fourth quarter of 2016. Earnings per share for the period totaled $.49 per share compared to $.55 during the same period in 2016. Our fourth quarter results included the impact of the recently enacted Tax Cuts and Jobs Act (the “TCJA”). Specifically, our federal income tax expense was elevated by $5.1 million, or…

By: Lindsey Sharp—  Muncie, IN— The Muncie-Delaware County Chamber of Commerce will honor its members for their longevity in and impact on the community at the Chamber Champions Award Luncheon at 11:30 a.m. on Wednesday, March 21 in the Horizon Convention Center. Over the past five years, nearly 1,000 people have joined The Chamber in recognizing almost 100 of its members with Business Longevity awards, the Al Rent Spirit of Muncie award, the Ambassador of the Year award and the…

By: Kaitlyn Davis— Muncie, IN – Meridian Health Services has been awarded $100,000 in supplemental funds from The Ryan White Fund for its growing HIV program. Through this funding, care coordinators will be able to expand on the services currently being provided in Blackford, Delaware, Grant, Jay, and Randolph counties. Meridan’s HIV Care Coordination program assists those living with HIV disease in a wide variety of health and social services, including medical, psychosocial, financial, and other supportive services as needed.  These…

By: Greg Zirkle— Muncie, IN – Ben Smith, CPA, CGMA, was recently appointed by Commissioner Adam Krupp to a newly formed Tax Advisory Council for the Indiana Department of Revenue.  Smith is CEO of Muncie-based accounting firm Estep-Doctor & Company and has been a Certified Public Accountant for 28 years. As a member of this council, Smith will serve a two-year term and meet quarterly with the Commissioner and his team.  Krupp has formed the 14-member panel to provide direct…

By: Jaime Faulkner, CFMP— Muncie, IN — Character, Class, Compassion, and Competition are the values driving MutualBank’s vision for helping people live better lives. For 129 years, MutualBank has served communities throughout Indiana by upholding these values and doing the right thing. The Tax Cuts and Jobs Act passed at the end of 2017 gave companies in all industries the opportunity to project a different economic outlook in 2018 and possibly beyond. While those realizations have not yet materialized, the…

By: Augusta Consulting— Highlights include 2017 new jobs and investment; County building momentum for 2018 Delaware County – County officials highlighted a year of accomplishments at the January 16th Commissioners meeting. With a focus on the small towns and locally owned businesses of Delaware County. Augusta Consulting, the county’s privatized economic development agent, touted new jobs, capital improvement projects, and more than $17 million in investments in 2017. “Delaware County officials have proactively sought investment and opportunity for the residents…

Tax reform, strong 2017 performance leads to employee investment Muncie, IN – First Merchants Corporation (NASDAQ – FRME) has announced that it will raise the wage paid to hourly employees by $1 per hour as a result of the Tax Cuts and Jobs Act of 2017, signed by President Trump in Dec. 2017. Additionally, as a reward for the company’s strong 2017 performance, all associates, excluding senior management, will receive a $500 one-time cash bonus. Part-time associates will receive a…

Muncie-based company recognized for growth, profitability and asset quality Muncie, Ind. – Forbes has released its 2018 list of “America’s Best Banks,” and one of Indiana’s legacy financial institutions has reason to celebrate. First Merchants Bank – the largest financial services holding company in Central Indiana and second largest in the state – sits fourth in the annual ranking of the country’s 100 largest banks, ahead of peers like JPMorgan Chase, Fifth Third Bancorp and Citigroup. “This is a momentous…