1st Source Bank has been named to Forbes’ list of America’s Best Midsize Employers for the fourth time, ranking No. 276 out of 498 companies on the 2025 list.

The list, compiled by Forbes in partnership with market research firm Statista, is based on a survey of more than 217,000 employees at U.S. companies with at least 1,000 workers. Participants were asked whether they would recommend their employer and rated workplace factors such as salary, opportunities for advancement and work environment.

Dan Lifferth, chief human resources officer at 1st Source Bank, said the recognition reflects the company’s ongoing efforts to create a positive workplace culture.

“Forbes’ ranking is a testament to the work we do to support and develop our employees,” Lifferth said. “We strive to foster an environment that values growth, engagement and diversity.”

Forbes noted that this year’s rankings accounted for both recent survey data and responses collected over the past three years, giving more weight to consistent workplace performance.

1st Source Bank, headquartered in South Bend, operates 77 banking centers and multiple specialty finance, wealth management and insurance offices across northern Indiana, southwestern Michigan and beyond.

The full list of Forbes’ Best Midsize Employers for 2025 can be viewed on the publication’s website.