Garrett State Bank Named One of the Top Consumer / Mortgage Lenders in the Nation!

The Garrett State Bank was named one of the top Consumer / Mortgage lenders in the nation by the Independent Community Bankers of America.  The bank was the only Indiana Bank to be recognized in the Consumer/Mortgage category and one of only two Indiana banks in any category.

 The announcement was made in the Independent Banker magazine’s July issue that ranked the Top Lenders for 2022 in the areas of agriculture lending, commercial lending, and consumer/mortgage lending. The results were based upon the 2021 data reported to the FDIC.  

The Garrett State Bank ranked 6^th in the nation in the consumer/mortgage lending category for all banks with assets between $300 million to $1 billion.   “Our Bank is honored to receive this recognition; mortgage and development Lending continue to be an integral part of The Garrett State Bank’s strategic direction.  Credit goes to our lending staff who work with our clients to provide them the products and services necessary to accomplish their goals; said CEO Mark Fogt.” 

The Independent Community Bankers of America is the nation’s voice for approximately 5,000 community banks across the country.

The Garret State Bank was chartered in 1893 and currently has branches in Dekalb and Allen Counties in Indiana. Their experienced lending staff assists small business, consumer, and residential borrowers with structuring their financial needs. 

Read the full Indepentdent Banker article.