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ABOUT US

Our Mission

As a well respected community leader and symbol of trust, our mission is to create a higher quality of life for our customers, our employees, our community and our shareholders.

Our Philosophy

We are committed to building customer relationships and are focused on listening to our customers to provide proactive guidance and counsel in a responsive, professional manner.

We believe in conducting business with integrity, respect, honesty, privacy and in the highest ethical standards. We promise to truly care for our customers, as well as our fellow employees going the extra mile to recognize their successes and their needs.

We expect each employee to be accountable for their actions and responsible in delivering exceptional service.  We are passionate about our work and share energy and enthusiasm with our customers and co-workers.

We encourage an environment that supports teamwork, collaboration and cooperation to do what is the very best for our customers and First Savings Bank.  And we promise to deliver profitability not just for shareholder value, but for employee morale and customer confidence.

Board of Directors

FSB | Cecile A. Blau
FSB | Gerald Wayne Clapp, Jr.
FSB | John E. Colin
FSB | Frank Czeschin
FSB | Samuel E. Eckart
FSB | L. Chris Fordyce
FSB | John P. Lawson, Jr.
FSB | Michael F. Ludden
FSB | Pamela Bennett Martin
FSB | Larry Myers
Martin Padgett
FSB | Vaughn Timberlake
FSB | Douglas A. York

First Savings Bank

Board of Directors

The Board of Directors of First Savings Financial Group and First Savings Bank are each comprised of ten persons who are elected for terms of three (3) years, approximately one-third of whom are elected annually. All of our directors are independent under the current listing standards of the NASDAQ Stock Market, except for Larry W. Myers, who serves as President and Chief Executive Officer of First Savings Financial Group and First Savings Bank, John P. Lawson, Jr., who serves as the Chief Operations Officer of First Savings Financial Group and First Savings Bank, and Samuel E. Eckart, who serves as Area President of First Savings Bank. In determining the independence of directors, the board of directors considered the various deposit, loan and other relationships that each director has with First Savings Bank, including loans and lines of credit to Christopher Fordyce, in addition to the transactions disclosed under “- Transactions with First Savings Bank,” but determined in each case that these relationships did not interfere with their exercise of independent judgment in carrying out their responsibilities as a director. Information regarding the directors is provided below. Unless otherwise stated, each person has held his or her current occupation for the last five (5) years. Ages presented are as of September 30, 2014. The starting year of service as director relates to service on the board of directors of First Savings Bank.

The following directors have terms ending in 2016:

John P. Lawson, Jr. is the Chief Operating Officer of First Savings Bank and First Savings Financial Group. Mr. Lawson joined First Savings Bank in 1988. Previously, Mr. Lawson served as Assistant Vice President, Vice President, Senior Vice President and Executive Vice President of First Savings Bank. Age 57. Director since 2006. Cecile A. Blau serves as a county judge in the State of Indiana. Age 69. Director since 2008. Douglas A. York is President of Rodefer Moss & Co., PLLC, an accounting firm. Age 52. Director since 2008. Christopher Fordyce is a farmer in Washington County, Indiana. Age 59, Director since appointment in 2009.

The following directors have terms ending in 2017:

Michael F. Ludden serves as Chairman of the Board and is President and Chief Executive Officer of L. Thorn Company, Inc., a construction materials distribution company. Age 65. Director since 1992. Larry W. Myers is President and Chief Executive Officer of First Savings Bank and First Savings Financial Group. Mr. Myers joined First Savings Bank in 2005. Previously, Mr. Myers served as Chief Operating Officer of First Savings Bank. Age 56. Director since 2005.

The following directors have terms ending in 2018:

Gerald Wayne Clapp, Jr. is the retired President of the former CLAPP Auto Group, an auto sales and service company. Age 65. Director since 1995. Pamela Bennett-Martin is President of Bennett & Bennett Insurance Agency. Age 56, Director since appointment in 2009. John Colin is an attorney and partner in the Corydon law firm of Simpson, Thompson and Colin, LLC. Age 44. Director since 2011. Samuel E. Eckart is Area President of First Savings Bank. Mr. Eckart joined First Savings Bank in 2009. Previously, Mr. Eckart served as President and CEO of Community First Bank. Age 64, Director since appointment in 2009. Martin Padgett is the President and CEO of Clark Memorial Hospital. Age 50. Director since 2015.

First Savings Financial Group, Inc.

Board of Directors

The Board of Directors of First Savings Financial Group, Inc. is comprised of ten persons who are elected for terms of three (3) years, approximately one-third of whom are elected annually. All of our directors are independent under the current listing standards of the NASDAQ Stock Market, except for Larry W. Myers, who serves as President and Chief Executive Officer of First Savings Financial Group and First Savings Bank, John P. Lawson, Jr., who serves as the Chief Operating Officer of First Savings Financial Group and First Savings Bank, Samuel E. Eckart, who serves as Area President of First Savings Bank, and Vaughn K. Timberlake, who serves as Executive Vice President of First Savings Bank. In determining the independence of directors, the board of directors considered the various deposit, loan and other relationships that each director has with First Savings Bank, including loans and lines of credit to Frank Czeschin, and Vaughn K. Timberlake, in addition to the transactions disclosed under “- Transactions with First Savings Bank,” but determined in each case that these relationships did not interfere with their exercise of independent judgment in carrying out their responsibilities as a director. Information regarding the directors is provided below. Unless otherwise stated, each person has held his or her current occupation for the last five (5) years. Ages presented are as of September 30, 2014. The starting year of service as director relates to service on the board of directors of First Savings Bank.

The following directors have terms ending in 2016:

John P. Lawson, Jr. is the Chief Operating Officer of First Savings Bank and First Savings Financial Group. Mr. Lawson joined First Savings Bank in 1988. Previously, Mr. Lawson served as Assistant Vice President, Vice President, Senior Vice President and Executive Vice President of First Savings Bank. Age 57. Director since 2006. Cecile A. Blau serves as a county judge in the State of Indiana. Age 69. Director since 2008. Douglas A. York is President of Rodefer Moss & Co., PLLC, an accounting firm. Age 52. Director since 2008. Frank Czeschin is President of Indiana Utilities Corp. in Corydon, Indiana. Age 53, Director since appointment in 2009.

The following directors have terms ending in 2017:

Michael F. Ludden serves as Chairman of the Board and is President and Chief Executive Officer of L. Thorn Company, Inc., a construction materials distribution company. Age 65. Director since 1992. Vaughn K. Timberlake is a retired Executive Vice President of First Savings Bank. Mr. Timberlake joined First Savings Bank in 2009. Previously, Mr. Timberlake served as Executive Vice President of Community First Bank. Age 73, Director since appointment in 2009. Larry W. Myers is President and Chief Executive Officer of First Savings Bank and First Savings Financial Group. Mr. Myers joined First Savings Bank in 2005. Previously, Mr. Myers served as Chief Operating Officer of First Savings Bank. Age 56. Director since 2005.

The following directors have terms ending in 2018:

Gerald Wayne Clapp, Jr. is President of CLAPP Auto Group, an auto sales and service company. Age 66. Director since 1995. Pamela Bennett-Martin is President of Bennett & Bennett Insurance Agency. Age 56, Director since appointment in 2009. Samuel E. Eckart is Area President of First Savings Bank. Mr. Eckart joined First Savings Bank in 2009. Previously, Mr. Eckart served as President and CEO of Community First Bank. Age 64, Director since appointment in 2009. John Colin is an attorney and partner in the Corydon law firm of Simpson, Thompson and Colin, LLC. Age 44. Director since 2011.

 

Executive Officers

The executive officers of First Savings Financial Group are elected annually by the board of directors and serve at the board’s discretion. The executive officers of First Savings Financial Group are:

FSB Executive Officer | Larry Myers
FSB Executive Officer | John P. Lawson, Jr.
FSB Executive Officer | Samuel E. Eckart
FSB Executive Officer | Tony Schoen

 

First Savings Charitable Foundation

First Savings Charitable Foundation

First Savings Bank along with First Savings Financial Group has a rich history of community involvement in Southern Indiana. That commitment was recently strengthened with the establishment of the First Savings Charitable Foundation. The Foundation was formed in October, 2008, coinciding with the conversion of First Savings Bank to a stock organization.

First Savings Charitable Foundation focuses on three primary areas: Education, Economic Development and Community Vitality. The focus on Education can be furthered defined as skills development to include job entry skills for the new economy workers and the retraining of unemployed or underemployed workers. For pre-K through grade 12 the focus will be on math, science and technology programs. Higher education will focus on scholarships and programs for business, finance and management. Under Economic Development, the Foundation will support programs that promote job growth in the community along with providing resources to attract new businesses and cultivate the expansion of existing commerce. Community Vitality will address issues involving health and human services, the arts, public safety and community leadership development. First Savings Charitable Foundation will fund only 501(c) (3) organizations and those with “public charity” status or its equivalent. There will be no funding to political groups, fraternal organizations, sectarian or religious activities, family foundations or individuals. The Foundation will not provide funding for operational expenses. The target area will be those communities in which First Savings Bank and its related entities operate. Applications will be accepted only by mail or email. Mailed applications can be sent to the attention of Larry Myers at First Savings Bank, 501 East Lewis & Clark Parkway, Clarksville, Indiana 47129. Email applications can be sent to lmyers@fsbbank.net. All applicants must use the Grant Application Form which can be found in this section of the website. Presentations will only be made at the invitation of the Foundation.

First Savings Grant Application
Grant Application

 

Community Involvement

First Savings Bank Volunteer HoursOne of the things that set FSB apart from other banks is our commitment to supporting the communities we serve. We believe in supporting those who support us. Last year alone First Savings Bank’s staff, made up of your friends and neighbors, gave not only monetarily but also over 7,200 hours of their time. You will find our employees on local boards, teaching financial literacy in your schools and coaching local teams.

Below you will find details on the community involvement goals established for First Savings Bank employees since 2012, which confirms our commitment. You will also be able to view our updated progress throughout the year.

Goal Total Hours
2012 7,200 9,191
2013 7,200 8,068
2014 7,200 7,809
2015 7,200 7,526
2016 7,200
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